401(k) · DOL Form 5500 · 2024

Lifebanc, Inc. 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
183
Participants Below avg headcount
67th
Percentile by assets National rank
$93,808
Avg per participant Below avg balance/head
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Official DOL plan name: Lifebanc 401(k) Retirement Plan · Sponsored by Lifebanc, Inc. · Ohio · Healthcare & Social Assistance

$17M in assets, 183 participants

Lifebanc, Inc.'s Lifebanc 401(k) Retirement Plan reported $17M in total assets and 183 participants in its 2024 DOL Form 5500 filing, ranking in the 67th 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.

  • #12,190 in Healthcare & Social Assistance (16,916 peers)

Coverage in Ohio

Lifebanc 401(k) Retirement Plan covers 183 participants in Ohio, about 24% of the average Ohio filer (state average ~765 per filing). Assets: $17M.

#12,190
in Healthcare & Social Assistance (16,916 peers)
+23.5%
assets growth YoY

Lifebanc 401(k) Retirement Plan's outsized position by total assets

Lifebanc 401(k) Retirement Plan vs every filed plan by assets

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

$17,166,943 Top 33% higher than 67% 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

Lifebanc 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lifebanc 401(k) Retirement Plan sits mid-pack in the medium band (183 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lifebanc 401(k) Retirement Plan reported net income rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Lifebanc 401(k) Retirement Plan end-of-year assets rose from $14M in the plan year 2023 filing to $17M in the plan year 2024 filing.
  • Lifebanc 401(k) Retirement Plan reported participants rose from 150 in the plan year 2023 filing to 183 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 341525159 · Lifebanc, Inc. PY 2024 · 401(k)

Lifebanc 401(k) Retirement Plan · $17M · 183 · 67th

  • PART $17M
  • PART 183
  • PART 67th
  • PART 401(k)
  • PART near Destination Media, Inc. Dba Gstv 401(k) Plan
  • PART ind #12190

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 Ohio →

Lifebanc 401(k) Retirement Plan in the asset neighbourhood

Lifebanc 401(k) Retirement PlanLifebanc 401(k) Retirement P…$17MDestination Media, Inc. Dba Gstv 401(k) PlanDestination Media, Inc. Dba …$17MAllied Construction Services, Inc. Retirement PlanAllied Construction Services…$17MShore Line Delivery Employees' Profit Sharing PlanShore Line Delivery Employee…$17MArizona College 401(k) Plan$17M
End-of-year total assets ($M) among Lifebanc 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Ohio filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$17M
Net Income$3M
Employer EIN341525159
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lifebanc, Inc.)

Sponsor-wide plan assets over time

All Lifebanc, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$17M 48.14953564929617% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $11.6M $17.2M ▲ +48.1%
Year Plans Participants Total Assets
2022 1 141 $12M
2023 1 150 $14M
2024 1 183 $17M

Nearby 401(k) Plans in Ohio

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

Lifebanc 401(k) Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Lifebanc 401(k) Retirement Plan, Total assets ($B): 0.017166943 · Participants: 183Lifebanc 401(k) Retirement PlanGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Savings Plan
Lifebanc 401(k) Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Lifebanc 401(k) Retirement Plan side-by-side with 3 peers →

Lifebanc 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Destination Media, Inc. Dba Gstv 401(k) Plan in MI ($17M); by covered participants it is Cgt U.S. Limited/Textileather Corporation 401(k) Profit Sharing Plan in TX (183 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (183 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 Lifebanc 401(k) Retirement Plan assets move in 2024? ▼
Lifebanc 401(k) Retirement Plan grew sharply - up 23.5% during 2024, from $14M to $17M. Reported net income was $3M.
How have Lifebanc, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lifebanc, Inc.'s sponsor-wide assets grew 48.1%, from $12M to $17M.
Which 401(k) plans are similar in size to Lifebanc 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Destination Media, Inc. Dba Gstv 401(k) Plan in MI ($17M, 138 participants).
Which 401(k) plans cover a similar participant headcount to Lifebanc 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Cgt U.S. Limited/Textileather Corporation 401(k) Profit Sharing Plan in TX (183 participants, $2M 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 341525159.

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.