Plan5500

Lifespace Communities 403(B) Plan — Form 5500 plan (Lifespace Communities, 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, Lifespace Communities 403(B) Plan is a benefit plan reported by Lifespace Communities, Inc. under EIN 42-1068850 and plan number 002. The latest loaded filing year is 2023. The filing reports 4,244 participants and $64,762,259 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$64.8MPlan net assets, end of year$64,762,259
Participants4.2KCovered participants reported4,244
Assets / participant$15.3KComputed: assets ÷ participants$15,260 (computed)
Provider compensation$125.5K3 Schedule C provider row(s)$125,484
Plan sponsor
Lifespace Communities, Inc.
EIN
42-1068850
Plan number
002
Plan type
2
Location
Dallas, TX
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    4,244 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$64.8M total assets
Net assets$64.8MLiabilities$0
Money in vs. money out
Total income / additions$78.7M
Total expenses$68.3M
Benefits paid / distributions$68.1M
Contributions
Employer$4.2M
Participant$14.5M
Full reported line items

Net assets

Total assets (EOY)
$64,762,259
Total liabilities (EOY)
$0
Net assets (EOY)
$64,762,259
Net assets (BOY)
$54,362,592

Income & contributions

Employer contributions
$4,176,682
Participant contributions
$14,453,469
Total contributions
$69,178,942
Total income / additions
$78,668,994

Expenses & distributions

Benefits paid
$68,127,531
Administrative expenses
$141,796
Total expenses
$68,269,327
Net increase / (decrease)
$10,399,667
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 22%Participant 78%
Total expenses ÷ net assets105%Computed ratio
Benefits paid ÷ total income87%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Empower Annuaity Insurance Company$121.1K
    RECORDKEEPER · Direct $121.1K · Indirect $0
  2. 2
    Principal Life Insurance Company$4.4K
    CONTRACT ADMINISTRATOR · Direct $4.4K · Indirect $0
  3. 3
    Morningstar Investment Management$0
    INVESTMENT ADVISOR · Direct $0 · Indirect $0

Related Form 5500 pages