Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

New England Law Boston Defined Contribution Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by New England Law Boston · Massachusetts · Educational Services

What the 2023 filing shows

New England Law Boston Defined Contribution Retirement Plan holds $71M for 86 participants — about $829,755 per participant, down 11.9% over the 2022 plan year.

$71M
total plan assets (2022 EOY)
86
covered participants
$829,755
avg assets per participant
-11.9%
assets change YoY

The plan reported a net loss of $10M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$71M
Participants
86
Industry
Educational Services

What the Filing Says About New England Law Boston Defined Contribution Retirement Plan

New England Law Boston Defined Contribution Retirement Plan is a Profit Sharing retirement plan sponsored by New England Law Boston, headquartered in Massachusetts. As of the 2022 Form 5500 filing, the plan reports $71M in total end-of-year assets and covers 86 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 042152671, and the plan has been effective since 1971-08-02. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $81M at the beginning of 2022 to $71M at year-end — a decline of 11.9%. Net assets (after liabilities) closed the year at $71M, with reported net income of $-9,624,831 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$81M
Total Assets (End of Year)$71M
Net Assets (End of Year)$71M
Net Income$-9,624,831
Plan TypeProfit Sharing
Employer EIN042152671
Plan Effective Date1971-08-02
Filing StatusFILING RECEIVED

Sponsor Plan History (New England Law Boston)

Year Plans Participants Total Assets
2022 1 86 $71M
2023 1 84 $80M
2024 1 75 $87M

Nearby Profit Sharing Plans in Massachusetts

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the New England Law Boston Defined Contribution Retirement Plan?
As of the 2022 Form 5500 filing, New England Law Boston Defined Contribution Retirement Plan holds $71M in total assets with 86 participants. It is sponsored by New England Law Boston.
What type of plan is New England Law Boston Defined Contribution Retirement Plan?
New England Law Boston Defined Contribution Retirement Plan is a Profit Sharing plan. It has been effective since 1971-08-02. The plan is filed with the U.S. Department of Labor under EIN 042152671.
Who sponsors the New England Law Boston Defined Contribution Retirement Plan?
New England Law Boston Defined Contribution Retirement Plan is sponsored by New England Law Boston, located in Massachusetts. The sponsor's EIN is 042152671 and the plan operates in the Educational Services industry.
How did New England Law Boston Defined Contribution Retirement Plan perform in 2022?
New England Law Boston Defined Contribution Retirement Plan declined by 11.9% during 2022, moving from $81M to $71M in total assets. Net income was $-9,624,831.
Where can I find official filings for New England Law Boston Defined Contribution Retirement Plan?
Official Form 5500 filings for New England Law Boston Defined Contribution Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 042152671 or plan name at efast.dol.gov.
How does New England Law Boston Defined Contribution Retirement Plan compare to other plans?
You can compare New England Law Boston Defined Contribution Retirement Plan against other Profit Sharing plans on the plan type page, or view plans in Massachusetts on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 042152671.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.