Other · DOL Form 5500 · 2024
Lifeworks Services, Inc. (Contract) Retirement Plan
Data updated 2026-08-11
- $21M
- Total assets
- 2,474
- Participants
- 71st
- Percentile by assets
- $8,333
- Avg per participant
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.
- 71st percentile by assets (of 123,622 plans)
- #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.
- $21M
- total plan assets (2024 EOY)
- 2,474
- covered participants
- 71st
- percentile by assets (of 123,622 plans)
- $8,333
- avg assets per participant
Where Thrift Retirement Plan sits 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
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
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.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Thrift Retirement Plan reports 2,474 participants - 2.2x that state average ($21M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $18M |
|---|---|
| Net Assets (End of Year) | $21M |
| Net Income | $2M |
| Employer EIN | 410907857 |
| Plan Effective Date | 1995-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lifeworks Services, Inc. (Contract))
| 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.
- 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 Thrift Retirement Plan by total assets, not by location.
Frequently Asked Questions
How did Thrift Retirement Plan assets move in 2024? ▼
How have Lifeworks Services, Inc. (Contract) plan assets changed over time? ▼
Which Other plans are similar in size to Thrift Retirement Plan? ▼
Next read for Thrift Retirement Plan
Filing takeaways
Ways to act on Thrift Retirement Plan's numbers.
- By total assets, Thrift Retirement Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Other plans in Minnesota. Compare plans
- Lifeworks Services, Inc. (Contract)'s sponsor-wide assets have grown 24.4% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans