401(k) · DOL Form 5500 · 2023

Health New England, Inc. 401(k) Plan

Data updated 2026-08-25

$82M
Total assets Below avg plan size
406
Participants Below avg headcount
90th
Percentile by assets National rank
$202,248
Avg per participant Above avg balance/head
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Official DOL plan name: Health New England 401(k) Retirement Plan · Sponsored by Health New England, Inc. · Massachusetts · Finance & Insurance

$82M in assets, 406 participants

Health New England, Inc.'s Health New England 401(k) Retirement Plan reported $82M in total assets and 406 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • #7,490 in Finance & Insurance (8,869 peers)

Where Health New England 401(k) Retirement Plan sits by assets

Health New England 401(k) Retirement Plan sits in the top 10% of all filed plans by assets, $82M for 406 participants (~$202,248/participant), up 10.7% in 2023.

#7,490
in Finance & Insurance (8,869 peers)
+10.7%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Health New England 401(k) Retirement Plan's outsized position by total assets

Health New England 401(k) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$82,112,754 Top 10% higher than 90% of 127,068 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 2023

Health New England 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Health New England 401(k) Retirement Plan sits mid-pack in the medium band (406 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Health New England 401(k) Retirement Plan reported net income rose from -$15M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Health New England 401(k) Retirement Plan end-of-year assets rose from $74M in the plan year 2022 filing to $82M in the plan year 2023 filing.
  • Health New England 401(k) Retirement Plan reported participants rose from 398 in the plan year 2022 filing to 406 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 042864973 · Health New England, Inc. PY 2023 · 401(k)

Health New England 401(k) Retirement Plan · $82M · 406 · 90th

  • SCH $82M
  • EBSA 406
  • PART 90th
  • TYPE 401(k)
  • NET near Bridge Investment Group 401(k) Retirement Plan
  • BOOK ind #7490

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 Finance & Insurance retirement plans → · Plans in Massachusetts →

Health New England 401(k) Retirement Plan in the asset neighbourhood

Providence Medical Associates 401(k) PlanProvidence Medical Associate…$82MSwa Group Profit Sharing and Savings PlanSwa Group Profit Sharing and…$82MBridge Investment Group 401(k) Retirement PlanBridge Investment Group 401(…$82MHealth New England 401(k) Retirement PlanHealth New England 401(k) Re…$82MGalpin Motors, Inc. 401(k) Profit Sharing PlanGalpin Motors, Inc. 401(k) P…$82M
End-of-year total assets ($M) among Health New England 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$74M
Net Assets (End of Year)$82M
Net Income$8M
Employer EIN042864973
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Health New England, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$87M 17.58614198219178% vs 2022
2024 filing year
$70M$75M$80M$85M$90M 202220232024 $74.2M $87.2M ▲ +17.6%
Year Plans Participants Total Assets
2022 1 398 $74M
2023 1 406 $82M
2024 1 406 $87M

Nearby 401(k) Plans in Massachusetts

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Health New England 401(k) Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Health New England 401(k) Retirement Plan, Total assets ($B): 0.082112754 · Participants: 406Health New England 401(k) Retirement PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Health New England 401(k) Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Health New England 401(k) Retirement Plan side-by-side with 3 peers →

Health New England 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Bridge Investment Group 401(k) Retirement Plan in UT ($82M); by covered participants it is Motion Pt Group, Inc. 401(k) Plan in NJ (406 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (406 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Health New England 401(k) Retirement Plan assets move in 2023? ▼
Health New England 401(k) Retirement Plan grew at a solid clip - up 10.7% during 2023, from $74M to $82M. Reported net income was $8M.
How have Health New England, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Health New England, Inc.'s sponsor-wide assets grew 17.6%, from $74M to $87M.
Where does Health New England 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Health New England 401(k) Retirement Plan ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Health New England 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Bridge Investment Group 401(k) Retirement Plan in UT ($82M, 2,064 participants).
Which 401(k) plans cover a similar participant headcount to Health New England 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Motion Pt Group, Inc. 401(k) Plan in NJ (406 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 042864973.

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.