Defined Benefit (Pension) · DOL Form 5500 · 2022

New England Life Insurance Company Pension Plan

Data updated 2026-08-11

$139M
Total assets
N/A
Participants
94th
Percentile by assets
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Official DOL plan name: New England Agency Employees' Retirement Plan · Sponsored by New England Life Insurance Company · North Carolina · Finance & Insurance

$139M in assets, N/A participants

New England Life Insurance Company's New England Agency Employees' Retirement Plan reported $139M in total assets and N/A participants in its 2022 DOL Form 5500 filing, ranking in the 94th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 94th percentile by assets (of 139,126 plans)
  • #8,392 in Finance & Insurance (9,261 peers)

Where New England Agency Employees' Retirement Plan sits by assets

New England Agency Employees' Retirement Plan sits in the top 10% of all filed plans by assets, $139M for N/A participants, down 27.7% in 2022.

$139M
total plan assets (2022 EOY)
N/A
covered participants
94th
percentile by assets (of 139,126 plans)
-27.7%
assets change YoY

The plan reported a net loss of $52M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

New England Agency Employees' Retirement Plan vs the 2022 asset distribution

By assets, New England Agency Employees' Retirement Plan outranks 94% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$193M
Net Assets (End of Year)$131M
Net Income-$52M
Employer EIN042708937
Plan Effective Date1953-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New England Life Insurance Company)

$220M$225M$230M$235M$240M 202220232024 $234M $225M ▼ -3.9%
Total plan assets by year, all New England Life Insurance Company plans on file
Year Plans Participants Total Assets
2022 2 N/A $234M
2023 2 N/A $230M
2024 2 N/A $225M

Nearby Defined Benefit (Pension) Plans in North Carolina

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

New England Agency Employees' Retirement Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants

New England Agency Employees' Retirement Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -505101520 Total assets ($B) Participants New England Agency E…Honeywell Retirement…Truist Financial Cor…Duke Energy Legacy P…Duke Energy Retireme…Time Warner Cable Pe…
New England Agency Employees' Retirement Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to New England Agency Employees' Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did New England Agency Employees' Retirement Plan assets move in 2022?
New England Agency Employees' Retirement Plan declined sharply - down 27.7% during 2022, from $193M to $139M. Reported net income was -$52M.
How have New England Life Insurance Company plan assets changed over time?
Across 3 plan years on file (2022-2024), New England Life Insurance Company's sponsor-wide assets declined 3.9%, from $234M to $225M.
Where does New England Agency Employees' Retirement Plan rank by assets among Form 5500 filers?
New England Agency Employees' Retirement Plan ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to New England Agency Employees' Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Bcom3 Cash Balance Plan in IL ($139M, 468 participants).

Next read for New England Agency Employees' Retirement…

Scale reading

Ways to act on New England Agency Employees' Retirement Plan's numbers.

  • By total assets, New England Agency Employees' Retirement Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in North Carolina. Compare plans
  • New England Life Insurance Company's sponsor-wide assets have declined 3.9% since 2022 across 3 plan years on file. More Finance & Insurance plans