Plan5500

Life Time And Its Affiliates 401(K) Plan — Form 5500 plan (Life Time, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Life Time And Its Affiliates 401(K) Plan is a benefit plan reported by Life Time, Inc. under EIN 41-1689746 and plan number 001. The latest loaded filing year is 2023. The filing reports 25,530 participants and $276,863,979 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Life Time, Inc.
EIN
41-1689746
Plan number
001
Plan type
2
Location
Chanhassen, MN
Latest filing year
2023
Participants
25,530
End-of-year plan assets
$276,863,979

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202325,530H, C20241008085847NAL0009489811001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$276,863,979
Total liabilities (EOY)
$70,021
Net assets (EOY)
$276,793,958
Net assets (BOY)
$224,372,893

Income & contributions

Employer contributions
$0
Participant contributions
$29,690,833
Total contributions
$32,947,865
Total income / additions
$77,593,493

Expenses & distributions

Benefits paid
$24,281,787
Administrative expenses
$807,962
Total expenses
$25,172,428
Net increase / (decrease)
$52,421,065

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$525,716$02023
Cbiz Investment Advisory ServicesADVISOR$233,172not reported in the loaded dataset2023
Deloitte & Touche LlpACCOUNTANT/AUDITOR$37,768not reported in the loaded dataset2023

Related Form 5500 pages