Profit Sharing · DOL Form 5500 · 2022
Care New England Profit Sharing Plan
Data updated 2026-08-25
- $427M
- Total assets Above avg plan size
- 7,302
- Participants Very large workforce
- 98th
- Percentile by assets National rank
- $58,524
- Avg per participant Low balance/head
Official DOL plan name: Care New England 403(b) Match & Savings Plan · Sponsored by Care New England · Rhode Island · Healthcare & Social Assistance
$427M in assets, 7,302 participants
Care New England's Care New England 403(b) Match & Savings Plan reported $427M in total assets and 7,302 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.
- #19,625 in Healthcare & Social Assistance (20,060 peers)
Coverage in Rhode Island
Care New England 403(b) Match & Savings Plan covers 7,302 participants in Rhode Island, 5.0x the typical Rhode Island plan (state average ~1,449 per filing). Assets: $427M.
- #19,625
- in Healthcare & Social Assistance (20,060 peers)
- -11.9%
- assets change YoY
- 4.3×
- vs typical plan assets (national mean)
The plan reported a net loss of $58M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Care New England 403(b) Match & Savings Plan's outsized position by total assets
Care New England 403(b) Match & Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$427,342,476 Top 2% higher than 98% of 139,123 filed plans
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 403(b) Match & Savings 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 403(b) Match & Savings Plan lands in the large band (7,302 participants).
DOL schedule card
Filing strip 050490997 · Care New England PY 2022 · Profit Sharing
Care New England 403(b) Match & Savings Plan · $427M · 7,302 · 98th
- BOOK $427M
- BOOK 7,302
- BOOK 98th
- BOOK Profit Sharing
- BOOK near Shv Profit Sharing Plan
- BOOK ind #19625
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 403(b) Match & Savings Plan in the asset neighbourhood
Rhode Island filing particulars
| Total Assets (Beginning of Year) | $485M |
|---|---|
| Net Assets (End of Year) | $427M |
| Net Income | -$58M |
| Employer EIN | 050490997 |
| Plan Effective Date | 2009-01-01 |
| Filing Status | FILING 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
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 9,329 | $565M |
| 2023 | 2 | 9,322 | $652M |
| 2024 | 2 | 9,049 | $706M |
Nearby Profit Sharing Plans in Rhode Island
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Textron Retirement Account Plan Trust $291M · 10,515
- Brown Physicians, Inc. 401(a) Plan $237M · 949
- International Brotherhood of Electrical Workers Local Union No. 99 Annuity Plan $153M · 1,039
- Iuoe Local 57 Annuity Plan $120M · 871
- The Gordon School 403(b) Retirement Plan $20M · 85
Scale composition for Care New England 403(b) Match & Savings Plan
Care New England 403(b) Match & Savings Plan reports $427M in end-of-year assets across 7,302 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $58,524 per participant (42% of the national average assets-per-participant) . Net income for plan year 2022 was -$58M.
This plan identity (EIN 050490997, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $427M to $570M (+33.5%) while covered participants moved from 7,302 to 7,381 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,302 | $427M | This page |
| 2023 | 7,471 | $516M | Open filing |
| 2024 · index core | 7,381 | $570M | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Care New England 403(b) Match & Savings Plan (Profit Sharing, $570M, 7,381 participants)
- Care New England Pension Plan (Defined Benefit (Pension), $136M, 1,668 participants)
Care New England 403(b) Match & Savings Plan's out-of-state Profit Sharing peers by assets and headcount
Outside Rhode Island, the nearest Profit Sharing by assets is Shv Profit Sharing Plan in CA ($424M); by covered participants it is United Food and Commercial Workers Local 1500 Annuity Plan in NY (7,268 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($427M here).
- Shv Profit Sharing Plan (CA) $424M · 56
- Iuoe Local 30 Annuity Fund (NY) $424M · 4,377
- Orlando Health, Inc. Retirement Savings Plan 401a (FL) $418M · 23,825
- University of Maryland Medical System 403(b) Retirement Savings Plan (MD) $418M · 18,198
Similar participant headcount
Nearest other-state filings by covered participants (7,302 participants); asset peers above are excluded.
- United Food and Commercial Workers Local 1500 Annuity Plan (NY) 7,268 · 34 off
- New Jersey Building Laborers Statewide Annuity Fund (NJ) 7,223 · 79 off
- Wgu Retirement Savings Plan (UT) 7,193 · 109 off
- North Mississippi Health Services Employer Savings Plan (MS) 7,173 · 129 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.