Other · DOL Form 5500 · 2022

New England Life Care, Inc. Retirement Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
470
Participants Below avg headcount
78th
Percentile by assets National rank
$45,774
Avg per participant Low balance/head
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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.

  • #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.

#16,393
in Healthcare & Social Assistance (20,060 peers)
-15.3%
assets change YoY
0.2×
vs typical plan assets (national mean)

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's outsized position by total assets

New England Life Care, Inc. 403(b) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$21,513,821 Top 22% higher than 78% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

New England Life Care, Inc. 403(b) Retirement Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. New England Life Care, Inc. 403(b) Retirement Plan sits mid-pack in the medium band (470 participants).

Published 5500 schedule card

Filing strip 223195337 · New England Life Care, Inc. PY 2022 · Other

New England Life Care, Inc. 403(b) Retirement Plan · $22M · 470 · 78th

  • BOY $22M
  • SCH 470
  • EBSA 78th
  • PART Other
  • TYPE near Braille Institute of America Inc Tax Sheltered 403(b) Savings Plan
  • NET ind #16393

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Healthcare & Social Assistance retirement plans → · Plans in Maine →

New England Life Care, Inc. 403(b) Retirement Plan in the asset neighbourhood

Sun Valley Community School, Inc. 403(b) PlanSun Valley Community School,…$22MRocky Mountain Human Services Retirement PlanRocky Mountain Human Service…$22MNew England Life Care, Inc. 403(b) Retirement PlanNew England Life Care, Inc. …$22MBraille Institute of America Inc Tax Sheltered 403(b) Savings PlanBraille Institute of America…$22MPortledge School Retirement Plan RaPortledge School Retirement …$22M
End-of-year total assets ($M) among New England Life Care, Inc. 403(b) Retirement Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$22M
Net Income-$4M
Employer EIN223195337
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New England Life Care, Inc.)

Sponsor-wide plan assets over time

All New England Life Care, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$30M 39.85004802261764% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $21.5M $30.1M ▲ +39.9%
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 Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.52 Total assets ($B) Participants New England Life Care, Inc. 403(b) Retirement Plan, Total assets ($B): 0.021513821 · Participants: 470New England Life Care, Inc. 403(b) Retirement PlanMainehealth 403(b) Retirement Plan, Total assets ($B): 1.77927406 · Participants: 21547Mainehealth 403(b) Retirement PlanNorthern Light Health Retirement Partnership 403(b) Plan, Total assets ($B): 0.937634941 · Participants: 11671Northern Light Health Retirement Partnership 403(b) PlanJax 403(b) Retirement Plan, Total assets ($B): 0.437984728 · Participants: 2458Jax 403(b) Retirement PlanMainegeneral Health 403(b) Retirement Plan, Total assets ($B): 0.32539549 · Participants: 4592Mainegeneral Health 403(b) Retirement PlanColby College Retirement Plan, Total assets ($B): 0.248274179 · Participants: 894Colby College Retirement Plan
New England Life Care, Inc. 403(b) Retirement Plan vs. nearby Other plans in Maine, assets vs. participants

New England Life Care, Inc. 403(b) Retirement Plan's out-of-state Other peers by assets and headcount

Outside Maine, the nearest Other by assets is Braille Institute of America Inc Tax Sheltered 403(b) Savings Plan in CA ($22M); by covered participants it is Chinese Hospital 403(b) Retirement Plan in CA (470 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did New England Life Care, Inc. 403(b) Retirement Plan assets move in 2022? ▼
New England Life Care, Inc. 403(b) Retirement Plan declined sharply - down 15.3% during 2022, from $25M to $22M. Reported net income was -$4M.
How have New England Life Care, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), New England Life Care, Inc.'s sponsor-wide assets grew 39.9%, from $22M to $30M.
Where does New England Life Care, Inc. 403(b) Retirement Plan rank by assets among Form 5500 filers? ▼
New England Life Care, Inc. 403(b) Retirement Plan ranks in the 78th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to New England Life Care, Inc. 403(b) Retirement Plan? ▼
Among Other plans in other states, the closest by assets is Braille Institute of America Inc Tax Sheltered 403(b) Savings Plan in CA ($22M, 194 participants).
Which Other plans cover a similar participant headcount to New England Life Care, Inc. 403(b) Retirement Plan? ▼
Among Other plans in other states, the closest by covered participants is Chinese Hospital 403(b) Retirement Plan in CA (470 participants, $31M in assets).