Profit Sharing · DOL Form 5500 · 2024

Lifenet Health Profit Sharing Plan

Data updated 2026-08-25

$105M
Total assets Near avg plan size
1,597
Participants Near avg headcount
91st
Percentile by assets National rank
$65,888
Avg per participant Below avg balance/head
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Official DOL plan name: Lifenet Profit Sharing Plan · Sponsored by Lifenet Health · Virginia · Healthcare & Social Assistance

$105M in assets, 1,597 participants

Lifenet Health's Lifenet Profit Sharing Plan reported $105M in total assets and 1,597 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

  • #15,540 in Healthcare & Social Assistance (16,916 peers)

Coverage in Virginia

Lifenet Profit Sharing Plan covers 1,597 participants in Virginia, 2.0x the typical Virginia plan (state average ~782 per filing). Assets: $105M.

#15,540
in Healthcare & Social Assistance (16,916 peers)
+15.7%
assets growth YoY
1.1×
vs typical plan assets (national mean)

Lifenet Profit Sharing Plan's outsized position by total assets

Lifenet Profit Sharing Plan vs every filed plan by assets

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

$105,223,897 Top 9% higher than 91% 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

Lifenet Profit Sharing Plan'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. Lifenet Profit Sharing Plan lands in the large band (1,597 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lifenet Profit Sharing Plan end-of-year assets rose from $91M in the plan year 2023 filing to $105M in the plan year 2024 filing.
  • Lifenet Profit Sharing Plan reported net income fell from $16M in the plan year 2023 filing to $14M in the plan year 2024 filing.
  • Lifenet Profit Sharing Plan reported participants rose from 1,515 in the plan year 2023 filing to 1,597 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 521273592 · Lifenet Health PY 2024 · Profit Sharing

Lifenet Profit Sharing Plan · $105M · 1,597 · 91st

  • EOY $105M
  • 5500 1,597
  • ASSETS 91st
  • PCT Profit Sharing
  • EIN near I.U.O.E. Local #132 Annuity & Savings Fund
  • RANK ind #15540

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 →

Lifenet Profit Sharing Plan in the asset neighbourhood

Byer California Retirement Savings PlanByer California Retirement S…$106MStagehands Local Two Annuity PlanStagehands Local Two Annuity…$105MLifenet Profit Sharing Plan$105MI.U.O.E. Local #132 Annuity & Savings FundI.U.O.E. Local #132 Annuity …$105MRetirement Savings Plan of Finger Lakes Regional Health SystemRetirement Savings Plan of F…$105M
End-of-year total assets ($M) among Lifenet Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$91M
Net Assets (End of Year)$105M
Net Income$14M
Employer EIN521273592
Plan Effective Date1983-07-01
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 Profit Sharing Plans in Virginia

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

Lifenet Profit Sharing Plan vs. nearby Profit Sharing plans in Virginia, assets vs. participants Scatter plot of 6 data points. 0200040006000 00.511.5 Total assets ($B) Participants Lifenet Profit Sharing Plan, Total assets ($B): 0.105223897 · Participants: 1597Lifenet Profit Sharing PlanSection 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia, Total assets ($B): 1.283763729 · Participants: 5562Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in VirginiaCarpenter Co. Profit-Sharing Plan, Total assets ($B): 0.348426296 · Participants: 2152Carpenter Co. Profit-Sharing PlanAmerican Institutes for Research Tax Deferred Annuity Plan, Total assets ($B): 0.32295356 · Participants: 1608American Institutes for Research Tax Deferred Annuity PlanAnalytic Services Inc. Defined Contribution Retirement Plan, Total assets ($B): 0.226143645 · Participants: 508Analytic Services Inc. Defined Contribution Retirement PlanAssociated Universities Inc. Retirement Plan, Total assets ($B): 0.204752338 · Participants: 585Associated Universities Inc. Retirement Plan
Lifenet Profit Sharing Plan vs. nearby Profit Sharing plans in Virginia, assets vs. participants
Compare Lifenet Profit Sharing Plan side-by-side with 3 peers →

Lifenet Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Virginia, the nearest Profit Sharing by assets is I.U.O.E. Local #132 Annuity & Savings Fund in WV ($105M); by covered participants it is Easter Seals New Jersey Tax Sheltered Annuity Plan in NJ (1,599 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($105M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,597 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 Lifenet Profit Sharing Plan assets move in 2024? ▼
Lifenet Profit Sharing Plan grew sharply - up 15.7% during 2024, from $91M to $105M. 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 Lifenet Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Lifenet Profit Sharing Plan ranks in the 91st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Lifenet Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is I.U.O.E. Local #132 Annuity & Savings Fund in WV ($105M, 8,277 participants).
Which Profit Sharing plans cover a similar participant headcount to Lifenet Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Easter Seals New Jersey Tax Sheltered Annuity Plan in NJ (1,599 participants, $24M 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 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.