Other · DOL Form 5500 · 2024

Lifecare, Inc. Dba Friendship Village Retirement Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
190
Participants Below avg headcount
42nd
Percentile by assets National rank
$26,778
Avg per participant Low balance/head
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Official DOL plan name: Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan · Sponsored by Lifecare, Inc. Dba Friendship Village · Michigan · Healthcare & Social Assistance

$5M in assets, 190 participants

Lifecare, Inc. Dba Friendship Village's Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan reported $5M in total assets and 190 participants in its 2024 DOL Form 5500 filing, ranking in the 42nd 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.

  • #7,688 in Healthcare & Social Assistance (16,916 peers)

Coverage in Michigan

Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan covers 190 participants in Michigan, about 30% of the average Michigan filer (state average ~638 per filing). Assets: $5M.

#7,688
in Healthcare & Social Assistance (16,916 peers)
+6.8%
assets growth YoY

Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan vs every filed plan by assets

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

$5,087,753 42nd percentile higher than 42% 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

Lifecare, Inc. Dba Friendship Village 403(b) Employer 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. Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan sits mid-pack in the medium band (190 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan reported net income fell from $836K in the plan year 2023 filing to $324K in the plan year 2024 filing.
  • Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan end-of-year assets rose from $5M 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 382067110 · Lifecare, Inc. Dba Friendship Village PY 2024 · Other

Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan · $5M · 190 · 42nd

  • EOY $5M
  • EOY 190
  • EOY 42nd
  • EOY Other
  • EOY near Tax Deferred Annuity Plan of Lifesteps, Inc.
  • EOY ind #7688

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 →

Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan in the asset neighbourhood

Neighborhood Health Clinics, Inc. 403(b) PlanNeighborhood Health Clinics,…$5MLifecare, Inc. Dba Friendship Village 403(b) Employer Retirement PlanLifecare, Inc. Dba Friendshi…$5MTax Deferred Annuity Plan of Lifesteps, Inc.Tax Deferred Annuity Plan of…$5MFoxcroft Academy 403(b) DC and Tda PlanFoxcroft Academy 403(b) DC a…$5MCovia Communities 403(b) Plan$5M
End-of-year total assets ($M) among Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$5M
Net Income$324K
Employer EIN382067110
Plan Effective Date1995-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lifecare, Inc. Dba Friendship Village)

Sponsor-wide plan assets over time

All Lifecare, Inc. Dba Friendship Village plans reported in each filing year

Latest sponsor-wide plan assets
$5M 29.545628730378475% vs 2022
2024 filing year
$3.5M$4M$4.5M$5M$5.5M 202220232024 $3.93M $5.09M ▲ +29.5%
Year Plans Participants Total Assets
2022 1 214 $4M
2023 1 189 $5M
2024 1 190 $5M

Nearby Other Plans in Michigan

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

Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan vs. nearby Other plans in Michigan, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan, Total assets ($B): 0.005087753 · Participants: 190Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement PlanFca US LLC UAW Savings Plan, Total assets ($B): 5.195030475 · Participants: 44591Fca US LLC UAW Savings PlanFca US LLC Salaried Employees' Savings Plan, Total assets ($B): 5.094106866 · Participants: 15683Fca US LLC Salaried Employees' Savings PlanSpectrum Health System 403(b) Plan, Total assets ($B): 3.21382557 · Participants: 32821Spectrum Health System 403(b) PlanBeaumont Health 403(b) Retirement Savings Plan, Total assets ($B): 2.966016065 · Participants: 34160Beaumont Health 403(b) Retirement Savings PlanHenry Ford Health System Heritage 403(b) Plan, Total assets ($B): 1.412878823 · Participants: 14465Henry Ford Health System Heritage 403(b) Plan
Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan vs. nearby Other plans in Michigan, assets vs. participants

Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan's out-of-state Other peers by assets and headcount

Outside Michigan, the nearest Other by assets is Tax Deferred Annuity Plan of Lifesteps, Inc. in PA ($5M); by covered participants it is Saint Mary's Home of Erie 403(b) Plan in PA (190 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (190 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 Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan assets move in 2024?
Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan grew at a solid clip - up 6.8% during 2024, from $5M to $5M. Reported net income was $324K.
How have Lifecare, Inc. Dba Friendship Village plan assets changed over time?
Across 3 plan years on file (2022-2024), Lifecare, Inc. Dba Friendship Village's sponsor-wide assets grew 29.5%, from $4M to $5M.
Which Other plans are similar in size to Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan?
Among Other plans in other states, the closest by assets is Tax Deferred Annuity Plan of Lifesteps, Inc. in PA ($5M, 702 participants).
Which Other plans cover a similar participant headcount to Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan?
Among Other plans in other states, the closest by covered participants is Saint Mary's Home of Erie 403(b) Plan in PA (190 participants, $9M in assets).