Other · DOL Form 5500 · 2022
New England Life Care, Inc. Retirement Plan
Data updated 2026-08-11
- $22M
- Total assets
- 470
- Participants
- 78th
- Percentile by assets
- $45,774
- Avg per participant
Official DOL plan name: New England Life Care, Inc. 403(b) Retirement Plan · Sponsored by New England Life Care, Inc. · Maine · Healthcare & Social Assistance
$22M in assets, 470 participants
New England Life Care, Inc.'s New England Life Care, Inc. 403(b) Retirement Plan reported $22M in total assets and 470 participants in its 2022 DOL Form 5500 filing, ranking in the 78th 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.
- 78th percentile by assets (of 139,126 plans)
- #16,393 in Healthcare & Social Assistance (20,060 peers)
Where New England Life Care, Inc. 403(b) Retirement Plan sits by assets
New England Life Care, Inc. 403(b) Retirement Plan sits in the top quartile of all filed plans by assets, $22M for 470 participants (~$45,774/participant), down 15.3% in 2022.
- $22M
- total plan assets (2022 EOY)
- 470
- covered participants
- 78th
- percentile by assets (of 139,126 plans)
- $45,774
- avg assets per participant
The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
New England Life Care, Inc. 403(b) Retirement Plan vs the 2022 asset distribution
By assets, New England Life Care, Inc. 403(b) Retirement Plan outranks 78% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.2x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $25M |
|---|---|
| Net Assets (End of Year) | $22M |
| Net Income | -$4M |
| Employer EIN | 223195337 |
| Plan Effective Date | 1994-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (New England Life Care, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 470 | $22M |
| 2023 | 1 | 500 | $26M |
| 2024 | 1 | 497 | $30M |
Nearby Other Plans in Maine
Peer Other plans, same state, same plan type, ranked by total assets.
New England Life Care, Inc. 403(b) Retirement Plan vs. nearby Other plans in Maine, assets vs. participants
- Mainehealth 403(b) Retirement Plan $1.8B · 21,547
- Northern Light Health Retirement Partnership 403(b) Plan $938M · 11,671
- Jax 403(b) Retirement Plan $438M · 2,458
- Mainegeneral Health 403(b) Retirement Plan $325M · 4,592
- Colby College Retirement Plan $248M · 894
Similar-Sized Other Plans Nationally
Other plans in other states closest to New England Life Care, Inc. 403(b) Retirement Plan by total assets, not by location.
Frequently Asked Questions
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Ways to act on New England Life Care, Inc. 403(b) Retirement Plan's numbers.
- By total assets, New England Life Care, Inc. 403(b) Retirement Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Other plans in Maine. Compare plans
- New England Life Care, Inc.'s sponsor-wide assets have grown 39.9% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans