Profit Sharing · DOL Form 5500 · 2022
Care New England Profit Sharing Plan
Data updated 2026-08-11
- $427M
- Total assets
- 7,302
- Participants
- 98th
- Percentile by assets
- $58,524
- Avg per participant
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.
- 98th percentile by assets (of 139,126 plans)
- #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.
- $427M
- total plan assets (2022 EOY)
- 7,302
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $58,524
- avg assets per participant
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.
Participants vs Rhode Island filers
In Rhode Island, the average filing covers about 1,449 participants across 434 plans. Care New England 403(b) Match & Savings Plan reports 7,302 participants - 5.0x that state average ($427M EOY assets).
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)
| 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.
Care New England 403(b) Match & Savings Plan vs. nearby Profit Sharing plans in Rhode Island, assets vs. participants
- 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)
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Care New England 403(b) Match & Savings Plan by total assets, not by location.
- 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
Frequently Asked Questions
How did Care New England 403(b) Match & Savings Plan assets move in 2022? ▼
How have Care New England plan assets changed over time? ▼
Where does Care New England 403(b) Match & Savings Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Care New England 403(b) Match & Savings Plan? ▼
Next read for Care New England 403(b) Match & Savings …
Filing takeaways
Ways to act on Care New England 403(b) Match & Savings Plan's numbers.
- By total assets, Care New England 403(b) Match & Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Rhode Island. Compare plans
- Care New England's sponsor-wide assets have grown 25.1% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans