Other · DOL Form 5500 · 2024
Lutheran Homes of Michigan, Inc Retirement Plan
Data updated 2026-08-25
- $16M
- Total assets Small plan by assets
- 513
- Participants Below avg headcount
- 65th
- Percentile by assets National rank
- $30,324
- Avg per participant Low balance/head
Official DOL plan name: Wellspring Senior Support Services 403(b) Retirement Plan · Sponsored by Lutheran Homes of Michigan, Inc · Michigan · Healthcare & Social Assistance
$16M in assets, 513 participants
Lutheran Homes of Michigan, Inc's Wellspring Senior Support Services 403(b) Retirement Plan reported $16M in total assets and 513 participants in its 2024 DOL Form 5500 filing, ranking in the 65th 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.
- #11,876 in Healthcare & Social Assistance (16,916 peers)
What the 2024 filing shows
Wellspring Senior Support Services 403(b) Retirement Plan holds $16M for 513 participants - about $30,324 per participant, above the median plan by assets.
- #11,876
- in Healthcare & Social Assistance (16,916 peers)
- -1.9%
- assets change YoY
The plan reported a net loss of $307K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Wellspring Senior Support Services 403(b) Retirement Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers
Wellspring Senior Support Services 403(b) Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$15,556,399 Top 35% higher than 65% 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
Wellspring Senior Support Services 403(b) 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. Wellspring Senior Support Services 403(b) Retirement Plan sits mid-pack in the medium band (513 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Wellspring Senior Support Services 403(b) Retirement Plan reported net income fell from $1M in the plan year 2023 filing to -$307K in the plan year 2024 filing.
- Wellspring Senior Support Services 403(b) Retirement Plan reported participants rose from 498 in the plan year 2023 filing to 513 in the plan year 2024 filing.
- Wellspring Senior Support Services 403(b) Retirement Plan end-of-year assets fell from $16M in the plan year 2023 filing to $16M in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 381358410 · Lutheran Homes of Michigan, Inc PY 2024 · Other
Wellspring Senior Support Services 403(b) Retirement Plan · $16M · 513 · 65th
- ASSETS $16M
- PCT 513
- EIN 65th
- RANK Other
- PHOTO near John Fitzgibbon Memorial Hospital Section 403b Retirement Plan
- IND ind #11876
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 Michigan →
Wellspring Senior Support Services 403(b) Retirement Plan in the asset neighbourhood
Filing particulars (2024)
| Total Assets (Beginning of Year) | $16M |
|---|---|
| Net Assets (End of Year) | $16M |
| Net Income | -$307K |
| Employer EIN | 381358410 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lutheran Homes of Michigan, Inc)
Sponsor-wide plan assets over time
All Lutheran Homes of Michigan, Inc plans reported in each filing year
- Latest sponsor-wide plan assets
- $16M 7.755554938303631% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 528 | $14M |
| 2023 | 1 | 498 | $16M |
| 2024 | 1 | 513 | $16M |
Nearby Other Plans in Michigan
Peer Other plans, same state, same plan type, ranked by total assets.
- Fca US LLC UAW Savings Plan $5.2B · 44,591
- Fca US LLC Salaried Employees' Savings Plan $5.1B · 15,683
- Spectrum Health System 403(b) Plan $3.2B · 32,821
- Beaumont Health 403(b) Retirement Savings Plan $3.0B · 34,160
- Henry Ford Health System Heritage 403(b) Plan $1.4B · 14,465
Wellspring Senior Support Services 403(b) Retirement Plan's out-of-state Other peers by assets and headcount
Outside Michigan, the nearest Other by assets is John Fitzgibbon Memorial Hospital Section 403b Retirement Plan in MO ($16M); by covered participants it is Claremont Graduate University Academic Retirement Plan in CA (513 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($16M here).
- John Fitzgibbon Memorial Hospital Section 403b Retirement Plan (MO) $16M · 485
- Cmh, Inc. 403(b) (NY) $16M · 274
- Lees-Mcrae College 403(b) Retirement Plan (NC) $16M · 92
- Trinity Christian Academy 403(b) Plan (TX) $16M · 312
Similar participant headcount
Nearest other-state filings by covered participants (513 participants); asset peers above are excluded.
- Claremont Graduate University Academic Retirement Plan (CA) 513 · 0 off
- Hartwick College 403(b) Retirement Plan (NY) 514 · 1 off
- The Metropolitan Museum of Art 403(b) Plan for Local 1503 of District Council 37, Afscme, AFL-CIO and Local 306-I.a.T.S.E. (NY) 514 · 1 off
- Iolani School Defined Contribution Retirement Plan (HI) 514 · 1 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.