401(k) · DOL Form 5500 · 2024

Life Time, Inc. 401(k) Plan

Data updated 2026-08-25

$332M
Total assets Above avg plan size
27,316
Participants Very large workforce
96th
Percentile by assets National rank
$12,159
Avg per participant Low balance/head
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Official DOL plan name: Life Time and Its Affiliates 401(k) Plan · Sponsored by Life Time, Inc. · Minnesota · Arts, Entertainment & Recreation

$332M in assets, 27,316 participants

Life Time, Inc.'s Life Time and Its Affiliates 401(k) Plan reported $332M in total assets and 27,316 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • #2,877 in Arts, Entertainment & Recreation (2,921 peers)

Coverage in Minnesota

Life Time and Its Affiliates 401(k) Plan covers 27,316 participants in Minnesota, 24x the typical Minnesota plan (state average ~1,126 per filing). Assets: $332M.

#2,877
in Arts, Entertainment & Recreation (2,921 peers)
+20.0%
assets growth YoY
3.3×
vs typical plan assets (national mean)

Life Time and Its Affiliates 401(k) Plan's outsized position by total assets

Life Time and Its Affiliates 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$332,127,417 Top 4% higher than 96% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Life Time and Its Affiliates 401(k) Plan's mega-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Life Time and Its Affiliates 401(k) Plan is a mega filing (27,316 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Life Time and Its Affiliates 401(k) Plan end-of-year assets rose from $277M in the plan year 2023 filing to $332M in the plan year 2024 filing.
  • Life Time and Its Affiliates 401(k) Plan reported participants rose from 23,608 in the plan year 2023 filing to 27,316 in the plan year 2024 filing.
  • Life Time and Its Affiliates 401(k) Plan reported net income rose from $52M in the plan year 2023 filing to $55M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 411689746 · Life Time, Inc. PY 2024 · 401(k)

Life Time and Its Affiliates 401(k) Plan · $332M · 27,316 · 96th

  • 5500 $332M
  • 5500 27,316
  • 5500 96th
  • 5500 401(k)
  • 5500 near Tradeweb Markets LLC 401(k) Plan
  • 5500 ind #2877

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Arts, Entertainment & Recreation retirement plans → · Plans in Minnesota →

Life Time and Its Affiliates 401(k) Plan in the asset neighbourhood

Oldcastle Building Envelope 401(k) PlanOldcastle Building Envelope …$333MAdventhealth Consolidated ERISA 401(a) PlanAdventhealth Consolidated ER…$332MLife Time and Its Affiliates 401(k) PlanLife Time and Its Affiliates…$332MTradeweb Markets LLC 401(k) PlanTradeweb Markets LLC 401(k) …$332MArbella 401(k) Savings Plan$332M
End-of-year total assets ($M) among Life Time and Its Affiliates 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$277M
Net Assets (End of Year)$332M
Net Income$55M
Employer EIN411689746
Plan Effective Date1997-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Life Time, Inc.)

Sponsor-wide plan assets over time

All Life Time, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$332M 47.98692440049691% vs 2022
2024 filing year
$200M$250M$300M$350M 202220232024 $224M $332M ▲ +48.0%
Year Plans Participants Total Assets
2022 1 20,563 $224M
2023 1 23,608 $277M
2024 1 27,316 $332M

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Life Time and Its Affiliates 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. 0100000200000300000400000500000 -20020406080 Total assets ($B) Participants Life Time and Its Affiliates 401(k) Plan, Total assets ($B): 0.332127417 · Participants: 27316Life Time and Its Affiliates 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Life Time and Its Affiliates 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Scale composition for Life Time and Its Affiliates 401(k) Plan

Life Time and Its Affiliates 401(k) Plan reports $332M in end-of-year assets across 27,316 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.029% of 93,925,755 covered participants) - about $12,159 per participant (9% of the national average assets-per-participant) . Net income for plan year 2024 was $55M.

This plan identity (EIN 411689746, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $224M to $332M (+48.0%) while covered participants moved from 20,563 to 27,316 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 20,563 $224M Open filing
2023 23,608 $277M Open filing
2024 · index core 27,316 $332M This page

Life Time and Its Affiliates 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Tradeweb Markets LLC 401(k) Plan in NY ($332M); by covered participants it is Duke Energy Retirement Savings Plan in NC (27,341 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($332M here).

Similar participant headcount

Nearest other-state filings by covered participants (27,316 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Life Time and Its Affiliates 401(k) Plan assets move in 2024? ▼
Life Time and Its Affiliates 401(k) Plan grew sharply - up 20.0% during 2024, from $277M to $332M. Reported net income was $55M.
How have Life Time, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Life Time, Inc.'s sponsor-wide assets grew 48.0%, from $224M to $332M.
Where does Life Time and Its Affiliates 401(k) Plan rank by assets among Form 5500 filers? ▼
Life Time and Its Affiliates 401(k) Plan ranks in the 96th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Life Time and Its Affiliates 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tradeweb Markets LLC 401(k) Plan in NY ($332M, 824 participants).
Which 401(k) plans cover a similar participant headcount to Life Time and Its Affiliates 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Duke Energy Retirement Savings Plan in NC (27,341 participants, $11.3B in assets).