Other · DOL Form 5500 · 2024

Lifenet Health Retirement Plan

Data updated 2026-08-06

$87M
Total assets: 1,391
Participants: 89th
Percentile by assets: $62,321
Avg per participant

Official DOL plan name: 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia · Sponsored by Lifenet Health · Virginia · Healthcare & Social Assistance

$87M in assets, 1,391 participants

Lifenet Health's 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia reported $87M in total assets and 1,391 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

89th percentile by assets (of 116,472 plans)

Where 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia sits by assets

403(b) Thrift Plan for Lifenet Virginia Beach, Virginia sits in the top quartile of all filed plans by assets, $87M for 1,391 participants (~$62,321/participant), up 19.3% in 2024.

$87M
total plan assets (2024 EOY): 1,391
covered participants: 89th
percentile by assets (of 116,472 plans): $62,321
avg assets per participant

403(b) Thrift Plan for Lifenet Virginia Beach, Virginia end-of-year assets rose from $73M in the plan year 2023 filing to $87M in the plan year 2024 filing.
403(b) Thrift Plan for Lifenet Virginia Beach, Virginia reported net income fell from $16M in the plan year 2023 filing to $14M in the plan year 2024 filing.
403(b) Thrift Plan for Lifenet Virginia Beach, Virginia reported participants rose from 1,328 in the plan year 2023 filing to 1,391 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Virginia

Industry

Healthcare & Social Assistance

403(b) Thrift Plan for Lifenet Virginia Beach, Virginia vs the 2024 asset distribution

By assets, 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia outranks 89% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.9x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$73M
Net Assets (End of Year)	$87M
Net Income	$14M
Employer EIN	521273592
Plan Effective Date	2006-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Lifenet Health)

Total plan assets by year, all Lifenet Health plans on file

Year	Plans	Participants	Total Assets
2022	2	2,467	$132M
2023	2	2,843	$164M
2024	2	2,988	$192M

Nearby Other Plans in Virginia

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

403(b) Thrift Plan for Lifenet Virginia Beach, Virginia vs. nearby Other plans in Virginia, assets vs. participants

The Mitre Corporation Tax Sheltered Annuity Plan $5.1B · 12,379
Sentara 403(b) Savings Plan $3.7B · 28,192
The George Washington University Supplemental Retirement Plan $1.6B · 8,262
Institute for Defense Analyses Tax Deferred Annuity Plan $875M · 1,541
Carilion Clinic 403(b) Retirement Savings Plan $822M · 13,296

Compare 403(b) Thrift Plan for Lifenet Virginia … side-by-side with 3 peers →

Similar-Sized Other Plans Nationally

Other plans in other states closest to 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia by total assets, not by location.

Westminster University Defined Contribution Retirement Plan (UT) $87M · 331
Eastern University Defined Contribution Retirement Plan (PA) $87M · 601
Purdue Research Foundation Defined Contribution Retirement Plan (IN) $87M · 471
New England Law Boston Defined Contribution Retirement Plan (MA) $87M · 75

Frequently Asked Questions

How did 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia assets move in 2024? ▼

403(b) Thrift Plan for Lifenet Virginia Beach, Virginia grew sharply - up 19.3% during 2024, from $73M to $87M. Reported net income was $14M.

How have Lifenet Health plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Lifenet Health's sponsor-wide assets grew 45.7%, from $132M to $192M.

Where does 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia rank by assets among Form 5500 filers? ▼

403(b) Thrift Plan for Lifenet Virginia Beach, Virginia ranks in the 89th percentile by end-of-year assets among 116,472 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 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia? ▼

Among Other plans in other states, the closest by assets is Westminster University Defined Contribution Retirement Plan in UT ($87M, 331 participants).

Next read for 403(b) Thrift Plan for Lifenet Virginia …

Scale reading

Ways to act on 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia's numbers.

By total assets, 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Other plans in Virginia. Compare plans
Lifenet Health's sponsor-wide assets have grown 45.7% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans

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 521273592.

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.