Other · DOL Form 5500 · 2022

University of New England Retirement Plan

Data updated 2026-08-11

$197M
Total assets
1,071
Participants
96th
Percentile by assets
$184,366
Avg per participant
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Official DOL plan name: University of New England Defined Contribution Plan · Sponsored by University of New England · Maine · Educational Services

$197M in assets, 1,071 participants

University of New England's University of New England Defined Contribution Plan reported $197M in total assets and 1,071 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,126 plans)
  • #3,723 in Educational Services (4,024 peers)

Coverage in Maine

University of New England Defined Contribution Plan covers 1,071 participants in Maine, 2.3x the typical Maine plan (state average ~472 per filing). Assets: $197M.

$197M
total plan assets (2022 EOY)
1,071
covered participants
96th
percentile by assets (of 139,126 plans)
$184,366
avg assets per participant

The plan reported a net loss of $42M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Participants vs Maine filers

In Maine, the average filing covers about 472 participants across 561 plans. University of New England Defined Contribution Plan reports 1,071 participants - 2.3x that state average ($197M EOY assets).

Maine filing particulars

Total Assets (Beginning of Year)$239M
Net Assets (End of Year)$197M
Net Income-$42M
Employer EIN010211810
Plan Effective Date1972-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (University of New England)

$180M$200M$220M$240M$260M 202220232024 $197M $249M ▲ +26.0%
Total plan assets by year, all University of New England plans on file
Year Plans Participants Total Assets
2022 1 1,071 $197M
2023 1 1,077 $227M
2024 1 1,126 $249M

Nearby Other Plans in Maine

Peer Other plans, same state, same plan type, ranked by total assets.

University of New England Defined Contribution Plan vs. nearby Other plans in Maine, assets vs. participants

University of New England Defined Contribution Plan vs. nearby Other plans in Maine, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 00.511.52 Total assets ($B) Participants University of New En…Mainehealth 403(b) R…Northern Light Healt…Jax 403(b) Retiremen…Mainegeneral Health …Colby College Retire…
University of New England Defined Contribution Plan vs. nearby Other plans in Maine, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to University of New England Defined Contribution Plan by total assets, not by location.

Frequently Asked Questions

How did University of New England Defined Contribution Plan assets move in 2022?
University of New England Defined Contribution Plan declined sharply - down 17.5% during 2022, from $239M to $197M. Reported net income was -$42M.
How have University of New England plan assets changed over time?
Across 3 plan years on file (2022-2024), University of New England's sponsor-wide assets grew 26.0%, from $197M to $249M.
Where does University of New England Defined Contribution Plan rank by assets among Form 5500 filers?
University of New England Defined Contribution Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Other plans are similar in size to University of New England Defined Contribution Plan?
Among Other plans in other states, the closest by assets is Retirement Plan for Employees of the Population Council, Inc. in NY ($197M, 278 participants).

Next read for University of New England Defined Contri…

Filing takeaways

Ways to act on University of New England Defined Contribution Plan's numbers.