Other · DOL Form 5500 · 2024
Lifecare Medical Center Retirement Plan
Data updated 2026-08-11
- $45M
- Total assets
- 480
- Participants
- 83rd
- Percentile by assets
- $94,103
- Avg per participant
Official DOL plan name: 403(b) Retirement Plan of Lifecare Medical Center · Sponsored by Lifecare Medical Center · Minnesota · Healthcare & Social Assistance
$45M in assets, 480 participants
Lifecare Medical Center's 403(b) Retirement Plan of Lifecare Medical Center reported $45M in total assets and 480 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 83rd percentile by assets (of 123,622 plans)
- #14,437 in Healthcare & Social Assistance (16,916 peers)
Coverage in Minnesota
403(b) Retirement Plan of Lifecare Medical Center covers 480 participants in Minnesota, about 43% of the average Minnesota filer (state average ~1,126 per filing). Assets: $45M.
- $45M
- total plan assets (2024 EOY)
- 480
- covered participants
- 83rd
- percentile by assets (of 123,622 plans)
- $94,103
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- 403(b) Retirement Plan of Lifecare Medical Center reported net income rose from $4M in the plan year 2023 filing to $6M in the plan year 2024 filing.
- 403(b) Retirement Plan of Lifecare Medical Center end-of-year assets rose from $39M in the plan year 2023 filing to $45M in the plan year 2024 filing.
- 403(b) Retirement Plan of Lifecare Medical Center reported participants rose from 447 in the plan year 2023 filing to 480 in the plan year 2024 filing.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. 403(b) Retirement Plan of Lifecare Medical Center reports 480 participants - about 43% of that state average ($45M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $39M |
|---|---|
| Net Assets (End of Year) | $45M |
| Net Income | $6M |
| Employer EIN | 411804205 |
| Plan Effective Date | 1995-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lifecare Medical Center)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 449 | $35M |
| 2023 | 1 | 447 | $39M |
| 2024 | 1 | 480 | $45M |
Nearby Other Plans in Minnesota
Peer Other plans, same state, same plan type, ranked by total assets.
403(b) Retirement Plan of Lifecare Medical Center vs. nearby Other plans in Minnesota, assets vs. participants
- Mayo 403(b) Plan $12.8B · 85,933
- Childrens Hospitals and Clinics Matched Savings Plan $938M · 5,750
- Centracare Health System 403(b) Plan $867M · 8,227
- Carpenters & Joiners Defined Contribution Plan $811M · 22,289
- University of St. Thomas Retirement Plan $460M · 2,357
Similar-Sized Other Plans Nationally
Other plans in other states closest to 403(b) Retirement Plan of Lifecare Medical Center by total assets, not by location.
- Harbor Health Services, Inc. 403(b) Plan (MA) $45M · 597
- Nichols School Tiaa-Cref Retirement Plan (NY) $45M · 144
- King's Daughters Medical Center Retirement Plan (MS) $45M · 772
- Church World Service Retirement Plan (IN) $45M · 845
Frequently Asked Questions
How did 403(b) Retirement Plan of Lifecare Medical Center assets move in 2024? ▼
How have Lifecare Medical Center plan assets changed over time? ▼
Where does 403(b) Retirement Plan of Lifecare Medical Center rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on 403(b) Retirement Plan of Lifecare Medical Center's numbers.
- By total assets, 403(b) Retirement Plan of Lifecare Medical Center ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Other plans in Minnesota. Compare plans
- Lifecare Medical Center's sponsor-wide assets have grown 27.8% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans