Defined Benefit (Pension) · DOL Form 5500 · 2022

Care New England Pension Plan

Data updated 2026-08-25

$137M
Total assets Near avg plan size
2,027
Participants Near avg headcount
94th
Percentile by assets National rank
$67,693
Avg per participant Below avg balance/head
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Official DOL plan name: Care New England Pension Plan · Sponsored by Care New England · Rhode Island · Healthcare & Social Assistance

$137M in assets, 2,027 participants

Care New England's Care New England Pension Plan reported $137M in total assets and 2,027 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.

  • #19,065 in Healthcare & Social Assistance (20,060 peers)

Where Care New England Pension Plan sits by assets

Care New England Pension Plan sits in the top 10% of all filed plans by assets, $137M for 2,027 participants (~$67,693/participant), down 21.6% in 2022.

#19,065
in Healthcare & Social Assistance (20,060 peers)
-21.6%
assets change YoY
1.4×
vs typical plan assets (national mean)

The plan reported a net loss of $38M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Care New England Pension Plan's outsized position by total assets

Care New England Pension Plan vs every filed plan by assets

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

$137,213,200 Top 6% higher than 94% 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

Care New England Pension Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Care New England Pension Plan lands in the large band (2,027 participants).

EBSA filing schedule strip

Filing strip 050490997 · Care New England PY 2022 · Defined Benefit (Pension)

Care New England Pension Plan · $137M · 2,027 · 94th

  • SCH $137M
  • SCH 2,027
  • SCH 94th
  • SCH Defined Benefit (Pension)
  • SCH near The Lozier Corporation Pension Plan and Trust
  • SCH ind #19065

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 Rhode Island →

Care New England Pension Plan in the asset neighbourhood

Weil, Gotshal & Manges Employees' Pension PlanWeil, Gotshal & Manges Emplo…$137MCare New England Pension Plan$137MThe Lozier Corporation Pension Plan and TrustThe Lozier Corporation Pensi…$137MIdaho Operating Engineers Employers Pension PlanIdaho Operating Engineers Em…$137MParkohio Industries and Subsidiaries Pension PlanParkohio Industries and Subs…$137M
End-of-year total assets ($M) among Care New England Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$175M
Net Assets (End of Year)$137M
Net Income-$38M
Employer EIN050490997
Plan Effective Date1964-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Care New England)

Sponsor-wide plan assets over time

All Care New England plans reported in each filing year

Latest sponsor-wide plan assets
$706M 25.07816075876279% vs 2022
2024 filing year
$550M$600M$650M$700M$750M 202220232024 $565M $706M ▲ +25.1%
Year Plans Participants Total Assets
2022 2 9,329 $565M
2023 2 9,322 $652M
2024 2 9,049 $706M

Nearby Defined Benefit (Pension) Plans in Rhode Island

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

Care New England Pension Plan vs. nearby Defined Benefit (Pension) plans in Rhode Island, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Care New England Pension Plan, Total assets ($B): 0.1372132 · Participants: 2027Care New England Pension PlanThe Bank of America Pension Plan, Total assets ($B): 18.835300915 · Participants: 59906The Bank of America Pension PlanTextron Master Retirement Plan, Total assets ($B): 4.972448304 · Participants: 7702Textron Master Retirement PlanFactory Mutual Insurance Company Pension Plan, Total assets ($B): 2.658220492 · Participants: 3598Factory Mutual Insurance Company Pension PlanBell Helicopter Textron Master Retirement Plan, Total assets ($B): 2.134460957 · Participants: 2995Bell Helicopter Textron Master Retirement PlanAmica Pension Fund, Total assets ($B): 1.727351006 · Participants: 2750Amica Pension Fund
Care New England Pension Plan vs. nearby Defined Benefit (Pension) plans in Rhode Island, assets vs. participants
Compare Care New England Pension Plan side-by-side with 3 peers →

Care New England Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Rhode Island, the nearest Defined Benefit (Pension) by assets is The Lozier Corporation Pension Plan and Trust in NE ($137M); by covered participants it is Indiana Electrical Workers Pension Plan in IN (2,027 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,027 participants); asset peers above are excluded.

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 Care New England Pension Plan assets move in 2022? ▼
Care New England Pension Plan declined sharply - down 21.6% during 2022, from $175M to $137M. Reported net income was -$38M.
How have Care New England plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Care New England's sponsor-wide assets grew 25.1%, from $565M to $706M.
Where does Care New England Pension Plan rank by assets among Form 5500 filers? ▼
Care New England Pension 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 Care New England Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Lozier Corporation Pension Plan and Trust in NE ($137M, 483 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Care New England Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Indiana Electrical Workers Pension Plan in IN (2,027 participants, $409M in assets).

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 050490997.

Read our methodology - how this data is sourced, computed, and verified.

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