Plan Ledger DOL Form 5500 · updated monthly

Lifeline Children's Services, Inc.401(k)

LIFELINE CHILDREN'S SERVICES, INC. 401(K) PLAN · BIRMINGHAM, AL · plan year 2022

Employer contribution per participant · 2022
$101

Lifeline Children's Services, Inc.'s 2022 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 $1,172,695 across 85 participant accounts, with employer contributions averaging $101 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Alabama (847th of 902), and 10,753rd of 11,911 in health care & social assistance. In 2022, employees put in $10.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,172,695
Participants with balances85
Active participants142
Employer contributions$14,295
Employee contributions$152,520
Employer contribution per active participant$101
Average account balance$13,796
Benefits paid to participants$46,328
Plan auditUnmodified (clean) audit opinion
The Lifeline Children's Services, Inc. 401(k) match · 2022
Employer contribution per active participant$101
Median for plans this size$1,114

Lifeline Children's Services, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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.

Same employer
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Hatley Health Care, Inc. AL$1.7M · 0.90%
Community Senior Life AL$1.5M · 1.78%
Shoals Primary Care, LLC AL$1.4M · 0.22%
The Bridge, Inc. AL$1.2M · 0.11%
Pahos, Inc AL$927K · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630896878 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.