Life Time, Inc. 401(k) Plan: Login, Facts & Contact Information

Life Time, Inc. 401(k) Plan Facts

Plan name
LIFE TIME AND ITS AFFILIATES 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
LIFE TIME, INC.
Participants
29,211 (41,362 active employees)
Former employees with a balance
2,240
Plan assets
$332,127,417 at Dec 31, 2024
Average account balance
$40,127 across 8,277 accounts
Employer contributions
$5,184,981 in plan year 2024 (12% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Mar 1, 1997
Employer contributions Automatic enrollment Default investment for undecided participants Participants choose their own investments Self-directed brokerage window Profit sharing Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 3, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $42.5 million went into the plan in contributions, $5.18 million of it from the employer (12%).
  • $27.9 million was paid out to participants.
  • Investment and other income added $41.5 million.
  • Administrative expenses were $825,566, about $100 per account.

How the Life Time, Inc. 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201926,545$204.0 million$0$12.9 million
202028,911$227.6 million$0$29.5 million
202119,700$261.9 million$2.07 million$28.7 million
202222,819$224.4 million$0$21.4 million
202325,530$276.9 million$0$24.3 million
202429,211$332.1 million$5.18 million$27.9 million

Life Time, Inc. 401(k) Contact Information

Phone
952-947-0000
Mailing address
2902 CORPORATE PLACE, CHANHASSEN MN 55317
Plan sponsor
LIFE TIME, INC.
Employer identification number (EIN)
41-1689746
Plan number
001

Questions about the Life Time, Inc. 401(k)

Does Life Time, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $5.18 million, 12% of all contributions.

Does the Life Time, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Life Time, Inc 401(k) plan?

29,211 participants at the start of plan year 2024, 41,362 of them active employees, and 2,240 former employees who still had money in the plan.

What is the average 401(k) balance at Life Time, Inc?

About $40,127 per account: $332.1 million in plan assets across 8,277 accounts with a balance at the end of plan year 2024.

Who manages the Life Time, Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Life Time, Inc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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