Other · DOL Form 5500 · 2024

Lifespace Communities, Inc. Retirement Plan

Data updated 2026-08-11

$77M
Total assets
4,372
Participants
88th
Percentile by assets
$17,536
Avg per participant
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Official DOL plan name: Lifespace Communities 403(b) Plan · Sponsored by Lifespace Communities, Inc. · Texas · Healthcare & Social Assistance

$77M in assets, 4,372 participants

Lifespace Communities, Inc.'s Lifespace Communities 403(b) Plan reported $77M in total assets and 4,372 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.

  • 88th percentile by assets (of 123,622 plans)
  • #15,222 in Healthcare & Social Assistance (16,916 peers)

Coverage in Texas

Lifespace Communities 403(b) Plan covers 4,372 participants in Texas, 6.4x the typical Texas plan (state average ~688 per filing). Assets: $77M.

$77M
total plan assets (2024 EOY)
4,372
covered participants
88th
percentile by assets (of 123,622 plans)
$17,536
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lifespace Communities 403(b) Plan end-of-year assets rose from $65M in the plan year 2023 filing to $77M in the plan year 2024 filing.
  • Lifespace Communities 403(b) Plan reported net income rose from $10M in the plan year 2023 filing to $12M in the plan year 2024 filing.
  • Lifespace Communities 403(b) Plan reported participants rose from 4,244 in the plan year 2023 filing to 4,372 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Lifespace Communities 403(b) Plan reports 4,372 participants - 6.4x that state average ($77M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$65M
Net Assets (End of Year)$77M
Net Income$12M
Employer EIN421068850
Plan Effective Date1984-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lifespace Communities, Inc.)

$50M$60M$70M$80M 202220232024 $54.4M $76.7M ▲ +41.0%
Total plan assets by year, all Lifespace Communities, Inc. plans on file
Year Plans Participants Total Assets
2022 1 2,722 $54M
2023 1 4,244 $65M
2024 1 4,372 $77M

Nearby Other Plans in Texas

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

Lifespace Communities 403(b) Plan vs. nearby Other plans in Texas, assets vs. participants

Lifespace Communities 403(b) Plan vs. nearby Other plans in Texas, assets vs. participants Scatter plot of 6 data points. 010000200003000040000 -101234 Total assets ($B) Participants Lifespace Communitie…Memorial Hermann Hea…The Tax Sheltered An…Baylor College of Me…The Tax Sheltered An…Southwest Research I…
Lifespace Communities 403(b) Plan vs. nearby Other plans in Texas, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Lifespace Communities 403(b) Plan by total assets, not by location.

Frequently Asked Questions

How did Lifespace Communities 403(b) Plan assets move in 2024?
Lifespace Communities 403(b) Plan grew sharply - up 18.4% during 2024, from $65M to $77M. Reported net income was $12M.
How have Lifespace Communities, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Lifespace Communities, Inc.'s sponsor-wide assets grew 41.0%, from $54M to $77M.
Where does Lifespace Communities 403(b) Plan rank by assets among Form 5500 filers?
Lifespace Communities 403(b) Plan ranks in the 88th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to Lifespace Communities 403(b) Plan?
Among Other plans in other states, the closest by assets is Baylor School DC Plan in TN ($77M, 296 participants).

Filing takeaways

Ways to act on Lifespace Communities 403(b) Plan's numbers.