Plan Ledger DOL Form 5500 · updated monthly

Lifecare Investments, Inc.ESOP

LIFECARE INVESTMENTS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · ELYRIA, OH · plan year 2023

Employer contribution per participant · 2023
$5,852

Lifecare Investments, Inc.'s 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held -$3,721,204 across 181 participant accounts, with employer contributions averaging $5,852 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Ohio (3,078th of 3,295), and 10,418th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year-$3,721,204
Participants with balances181
Active participants98
Employer contributions$573,491
Employee contributions$0
Employer contribution per active participant$5,852
Average account balance-$20,559
Benefits paid to participants$159
Plan auditUnmodified (clean) audit opinion
AuditorSIKICH CPA LLC
Plan history3
Yearassets · accounts · employer contribution
2024$-3.8M · 178 accts · $1K emplr
2023$-3.7M · 181 accts · $573K emplr
2022$-4.5M · 157 accts · $500 emplr
Administrative expenses, itemized · 2023
Trustee / custodial$308
Total administrative$308
Employer contributions to the Lifecare Investments, Inc. plan · 2023
Employer contribution per active participant$5,852
Median for plans this size$522
2024$14 per active participant
2023$5,852 per active participant
2022$5 per active participant

Lifecare Investments, Inc.'s 2023 employer contribution ran above the $522 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
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Source: U.S. Department of Labor, Form 5500 series, EIN 341565863 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.