Other · DOL Form 5500 · 2024

Lifenet Health Retirement Plan

Data updated 2026-08-25

$87M
Total assets Below avg plan size
1,391
Participants Near avg headcount
89th
Percentile by assets National rank
$62,321
Avg per participant Low balance/head
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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.

  • #15,345 in Healthcare & Social Assistance (16,916 peers)

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.

#15,345
in Healthcare & Social Assistance (16,916 peers)
+19.3%
assets growth YoY
0.9×
vs typical plan assets (national mean)

403(b) Thrift Plan for Lifenet Virginia Beach, Virginia's outsized position by total assets

403(b) Thrift Plan for Lifenet Virginia Beach, Virginia vs every filed plan by assets

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

$86,688,125 Top 11% higher than 89% 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

403(b) Thrift Plan for Lifenet Virginia Beach, Virginia's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia lands in the large band (1,391 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 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 →

Form 5500 schedule snapshot

Filing strip 521273592 · Lifenet Health PY 2024 · Other

403(b) Thrift Plan for Lifenet Virginia Beach, Virginia · $87M · 1,391 · 89th

  • TYPE $87M
  • TYPE 1,391
  • TYPE 89th
  • TYPE Other
  • TYPE near Westminster University Defined Contribution Retirement Plan
  • TYPE ind #15345

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 Virginia →

403(b) Thrift Plan for Lifenet Virginia Beach, Virginia in the asset neighbourhood

Purdue Research Foundation Defined Contribution Retirement PlanPurdue Research Foundation D…$87MThe Columbus Academy Defined Contribution Retirement PlanThe Columbus Academy Defined…$87MWestminster University Defined Contribution Retirement PlanWestminster University Defin…$87M403(b) Thrift Plan for Lifenet Virginia Beach, Virginia403(b) Thrift Plan for Lifen…$87MEastern University Defined Contribution Retirement PlanEastern University Defined C…$87M
End-of-year total assets ($M) among 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$73M
Net Assets (End of Year)$87M
Net Income$14M
Employer EIN521273592
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lifenet Health)

Sponsor-wide plan assets over time

All Lifenet Health plans reported in each filing year

Latest sponsor-wide plan assets
$192M 45.6978311658931% vs 2022
2024 filing year
$120M$140M$160M$180M$200M 202220232024 $132M $192M ▲ +45.7%
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 Scatter plot of 6 data points. 0100002000030000 -20246 Total assets ($B) Participants 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia, Total assets ($B): 0.086688125 · Participants: 1391403(b) Thrift Plan for Lifenet Virginia Beach, VirginiaThe Mitre Corporation Tax Sheltered Annuity Plan, Total assets ($B): 5.12389915 · Participants: 12379The Mitre Corporation Tax Sheltered Annuity PlanSentara 403(b) Savings Plan, Total assets ($B): 3.744462888 · Participants: 28192Sentara 403(b) Savings PlanThe George Washington University Supplemental Retirement Plan, Total assets ($B): 1.64916352 · Participants: 8262The George Washington University Supplemental Retirement PlanInstitute for Defense Analyses Tax Deferred Annuity Plan, Total assets ($B): 0.875147544 · Participants: 1541Institute for Defense Analyses Tax Deferred Annuity PlanCarilion Clinic 403(b) Retirement Savings Plan, Total assets ($B): 0.822189307 · Participants: 13296Carilion Clinic 403(b) Retirement Savings Plan
403(b) Thrift Plan for Lifenet Virginia Beach, Virginia vs. nearby Other plans in Virginia, assets vs. participants

403(b) Thrift Plan for Lifenet Virginia Beach, Virginia's out-of-state Other peers by assets and headcount

Outside Virginia, the nearest Other by assets is Westminster University Defined Contribution Retirement Plan in UT ($87M); by covered participants it is American Baptist Homes of the Midwest Tda Plan in MN (1,390 participants). Same-state nearby plans are listed separately above.

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 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 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 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).
Which Other plans cover a similar participant headcount to 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia?
Among Other plans in other states, the closest by covered participants is American Baptist Homes of the Midwest Tda Plan in MN (1,390 participants, $21M in assets).