401(k) · DOL Form 5500 · 2024

Lifespark Group, LLC 401(k) Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
3,083
Participants Above avg headcount
76th
Percentile by assets National rank
$8,996
Avg per participant Low balance/head
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Official DOL plan name: Lifespark 401(k) Plan · Sponsored by Lifespark Group, LLC · Minnesota · Healthcare & Social Assistance

$28M in assets, 3,083 participants

Lifespark Group, LLC's Lifespark 401(k) Plan reported $28M in total assets and 3,083 participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.

  • #13,484 in Healthcare & Social Assistance (16,916 peers)

Coverage in Minnesota

Lifespark 401(k) Plan covers 3,083 participants in Minnesota, 2.7x the typical Minnesota plan (state average ~1,126 per filing). Assets: $28M.

#13,484
in Healthcare & Social Assistance (16,916 peers)
+37.8%
assets growth YoY
0.3×
vs typical plan assets (national mean)

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

Lifespark 401(k) Plan vs every filed plan by assets

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

$27,734,964 Top 24% higher than 76% 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

Lifespark 401(k) 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. Lifespark 401(k) Plan lands in the large band (3,083 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lifespark 401(k) Plan reported participants rose from 715 in the plan year 2023 filing to 3,083 in the plan year 2024 filing.
  • Lifespark 401(k) Plan end-of-year assets rose from $20M in the plan year 2023 filing to $28M in the plan year 2024 filing.
  • Lifespark 401(k) Plan reported net income fell from $6M in the plan year 2023 filing to $5M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 201533504 · Lifespark Group, LLC PY 2024 · 401(k)

Lifespark 401(k) Plan · $28M · 3,083 · 76th

  • PHOTO $28M
  • IND 3,083
  • EOY 76th
  • 5500 401(k)
  • ASSETS near Orthopaedic Center of South Florida, P.a. 401(k) Plan
  • PCT ind #13484

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 Minnesota →

Lifespark 401(k) Plan in the asset neighbourhood

Orthopaedic Center of South Florida, P.a. 401(k) PlanOrthopaedic Center of South …$28MChet Morrison Contractors 401(k) PlanChet Morrison Contractors 40…$28MTexas Spine and Joint Hospital 401(k) Profit Sharing PlanTexas Spine and Joint Hospit…$28MLifespark 401(k) Plan$28MAxiom Space 401(k) Plan$28M
End-of-year total assets ($M) among Lifespark 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$28M
Net Income$5M
Employer EIN201533504
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lifespark Group, LLC)

Sponsor-wide plan assets over time

All Lifespark Group, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$28M 98.43154807429929% vs 2022
2024 filing year
$10M$15M$20M$25M$30M 202220232024 $14M $27.7M ▲ +98.4%
Year Plans Participants Total Assets
2022 1 648 $14M
2023 1 715 $20M
2024 1 3,083 $28M

Nearby 401(k) Plans in Minnesota

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

Lifespark 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Lifespark 401(k) Plan, Total assets ($B): 0.027734964 · Participants: 3083Lifespark 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Lifespark 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Lifespark 401(k) Plan side-by-side with 3 peers →

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

Outside Minnesota, the nearest 401(k) by assets is Orthopaedic Center of South Florida, P.a. 401(k) Plan in FL ($28M); by covered participants it is Herschend Family Entertainment Profit Sharing & 401(k) Plan in MO (3,085 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,083 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 Lifespark 401(k) Plan assets move in 2024? ▼
Lifespark 401(k) Plan surged - up 37.8% during 2024, from $20M to $28M. Reported net income was $5M.
How have Lifespark Group, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lifespark Group, LLC's sponsor-wide assets grew 98.4%, from $14M to $28M.
Where does Lifespark 401(k) Plan rank by assets among Form 5500 filers? ▼
Lifespark 401(k) Plan ranks in the 76th 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 401(k) plans are similar in size to Lifespark 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Orthopaedic Center of South Florida, P.a. 401(k) Plan in FL ($28M, 112 participants).
Which 401(k) plans cover a similar participant headcount to Lifespark 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Herschend Family Entertainment Profit Sharing & 401(k) Plan in MO (3,085 participants, $159M 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 201533504.

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.