Other · DOL Form 5500 · 2023
New England Life Care, Inc. Retirement Plan
Data updated 2026-08-25
- $26M
- Total assets Below avg plan size
- 500
- Participants Below avg headcount
- 77th
- Percentile by assets National rank
- $52,475
- Avg per participant Low balance/head
Official DOL plan name: New England Life Care, Inc. 403(b) Retirement Plan · Sponsored by New England Life Care, Inc. · Maine · Healthcare & Social Assistance
$26M in assets, 500 participants
New England Life Care, Inc.'s New England Life Care, Inc. 403(b) Retirement Plan reported $26M in total assets and 500 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.
- #14,287 in Healthcare & Social Assistance (17,684 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, $26M for 500 participants (~$52,475/participant), up 22.0% in 2023.
- #14,287
- in Healthcare & Social Assistance (17,684 peers)
- +22.0%
- assets growth YoY
- 0.3×
- vs typical plan assets (national mean)
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 2023 · DOL Form 5500
$26,237,250 Top 23% higher than 77% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
New England Life Care, Inc. 403(b) 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. New England Life Care, Inc. 403(b) Retirement Plan sits mid-pack in the medium band (500 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- New England Life Care, Inc. 403(b) Retirement Plan reported net income rose from -$4M in the plan year 2022 filing to $5M in the plan year 2023 filing.
- New England Life Care, Inc. 403(b) Retirement Plan end-of-year assets rose from $22M in the plan year 2022 filing to $26M in the plan year 2023 filing.
- New England Life Care, Inc. 403(b) Retirement Plan reported participants rose from 470 in the plan year 2022 filing to 500 in the plan year 2023 filing.
DOL schedule card
Filing strip 223195337 · New England Life Care, Inc. PY 2023 · Other
New England Life Care, Inc. 403(b) Retirement Plan · $26M · 500 · 77th
- PART $26M
- TYPE 500
- NET 77th
- BOOK Other
- VS-ST near Clearbrook Pension Savings Plan
- BOY ind #14287
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
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $22M |
|---|---|
| Net Assets (End of Year) | $26M |
| Net Income | $5M |
| Employer EIN | 223195337 |
| Plan Effective Date | 1994-01-01 |
| Filing Status | FILING 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
| 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.
- Mainehealth 403(b) Retirement Plan $2.1B · 22,008
- Northern Light Health Retirement Partnership 403(b) Plan $1.1B · 12,015
- Jax 403(b) Retirement Plan $526M · 2,592
- Mainegeneral Health 403(b) Retirement Plan $372M · 4,570
- Colby College Retirement Plan $278M · 916
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 Clearbrook Pension Savings Plan in IL ($26M); by covered participants it is Ecri Institute Defined Contribution Retirement Plan in PA (500 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($26M here).
Similar participant headcount
Nearest other-state filings by covered participants (500 participants); asset peers above are excluded.
- Ecri Institute Defined Contribution Retirement Plan (PA) 500 · 0 off
- Mary Institute and Saint Louis Country Day School Defined Contribution Retirement Plan (MO) 500 · 0 off
- Bethany St. Joseph Corporation Retirement Plan (WI) 499 · 1 off
- Carnegie Institute Defined Contribution and Tax Deferred Annuity Retirement Plan (PA) 501 · 1 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.