Other · DOL Form 5500 · 2024

Lifeworks Services, Inc. (Contract) Retirement Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
2,474
Participants Above avg headcount
71st
Percentile by assets National rank
$8,333
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Thrift Retirement Plan · Sponsored by Lifeworks Services, Inc. (Contract) · Minnesota · Healthcare & Social Assistance

$21M in assets, 2,474 participants

Lifeworks Services, Inc. (Contract)'s Thrift Retirement Plan reported $21M in total assets and 2,474 participants in its 2024 DOL Form 5500 filing, ranking in the 71st 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.

  • #12,727 in Healthcare & Social Assistance (16,916 peers)

Coverage in Minnesota

Thrift Retirement Plan covers 2,474 participants in Minnesota, 2.2x the typical Minnesota plan (state average ~1,126 per filing). Assets: $21M.

#12,727
in Healthcare & Social Assistance (16,916 peers)
+11.7%
assets growth YoY

Thrift Retirement Plan's outsized position by total assets

Thrift Retirement Plan vs every filed plan by assets

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

$20,616,174 Top 29% higher than 71% 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

Thrift Retirement Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Thrift Retirement Plan lands in the large band (2,474 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Thrift Retirement Plan reported participants rose from 1,707 in the plan year 2023 filing to 2,474 in the plan year 2024 filing.
  • Thrift Retirement Plan reported net income rose from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Thrift Retirement Plan end-of-year assets rose from $18M in the plan year 2023 filing to $21M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 410907857 · Lifeworks Services, Inc. (Contract) PY 2024 · Other

Thrift Retirement Plan · $21M · 2,474 · 71st

  • NET $21M
  • BOOK 2,474
  • VS-ST 71st
  • BOY Other
  • SCH near Seattle Institute for Biomedical and Clinical Research 403(b) DC Plan
  • EBSA ind #12727

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 Healthcare & Social Assistance retirement plans → · Plans in Minnesota →

Thrift Retirement Plan in the asset neighbourhood

Thrift Retirement Plan$21MSeattle Institute for Biomedical and Clinical Research 403(b) DC PlanSeattle Institute for Biomed…$21MSpelman College Tax Deferred Annuity PlanSpelman College Tax Deferred…$21MOpportunity Council 403(b) PlanOpportunity Council 403(b) P…$21MChristendom College 403(b) PlanChristendom College 403(b) P…$21M
End-of-year total assets ($M) among Thrift Retirement Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$21M
Net Income$2M
Employer EIN410907857
Plan Effective Date1995-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lifeworks Services, Inc. (Contract))

Sponsor-wide plan assets over time

All Lifeworks Services, Inc. (Contract) plans reported in each filing year

Latest sponsor-wide plan assets
$21M 24.425197676329553% vs 2022
2024 filing year
$16M$18M$20M$22M 202220232024 $16.6M $20.6M ▲ +24.4%
Year Plans Participants Total Assets
2022 1 1,976 $17M
2023 1 1,707 $18M
2024 1 2,474 $21M

Nearby Other Plans in Minnesota

Peer Other plans, same state, same plan type, ranked by total assets.

Thrift Retirement Plan vs. nearby Other plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Thrift Retirement Plan, Total assets ($B): 0.020616174 · Participants: 2474Thrift Retirement PlanMayo 403(b) Plan, Total assets ($B): 12.799106312 · Participants: 85933Mayo 403(b) PlanChildrens Hospitals and Clinics Matched Savings Plan, Total assets ($B): 0.937973727 · Participants: 5750Childrens Hospitals and Clinics Matched Savings PlanCentracare Health System 403(b) Plan, Total assets ($B): 0.866640984 · Participants: 8227Centracare Health System 403(b) PlanCarpenters & Joiners Defined Contribution Plan, Total assets ($B): 0.811257677 · Participants: 22289Carpenters & Joiners Defined Contribution PlanUniversity of St. Thomas Retirement Plan, Total assets ($B): 0.459707522 · Participants: 2357University of St. Thomas Retirement Plan
Thrift Retirement Plan vs. nearby Other plans in Minnesota, assets vs. participants
Compare Thrift Retirement Plan side-by-side with 3 peers →

Thrift Retirement Plan's out-of-state Other peers by assets and headcount

Outside Minnesota, the nearest Other by assets is Seattle Institute for Biomedical and Clinical Research 403(b) DC Plan in WA ($21M); by covered participants it is Noblis, Inc. Tax Sheltered Annuity Plan in VA (2,475 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,474 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 Thrift Retirement Plan assets move in 2024? ▼
Thrift Retirement Plan grew at a solid clip - up 11.7% during 2024, from $18M to $21M. Reported net income was $2M.
How have Lifeworks Services, Inc. (Contract) plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lifeworks Services, Inc. (Contract)'s sponsor-wide assets grew 24.4%, from $17M to $21M.
Which Other plans are similar in size to Thrift Retirement Plan? ▼
Among Other plans in other states, the closest by assets is Seattle Institute for Biomedical and Clinical Research 403(b) DC Plan in WA ($21M, 100 participants).
Which Other plans cover a similar participant headcount to Thrift Retirement Plan? ▼
Among Other plans in other states, the closest by covered participants is Noblis, Inc. Tax Sheltered Annuity Plan in VA (2,475 participants, $533M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 410907857.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.