Profit Sharing · DOL Form 5500 · 2023
Care New England Profit Sharing Plan
Data updated 2026-08-11
- $516M
- Total assets
- 7,471
- Participants
- 97th
- Percentile by assets
- $69,008
- 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
$516M in assets, 7,471 participants
Care New England's Care New England 403(b) Match & Savings Plan reported $516M in total assets and 7,471 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 127,072 plans)
- #17,270 in Healthcare & Social Assistance (17,684 peers)
Coverage in Rhode Island
Care New England 403(b) Match & Savings Plan covers 7,471 participants in Rhode Island, 5.2x the typical Rhode Island plan (state average ~1,449 per filing). Assets: $516M.
- $516M
- total plan assets (2023 EOY)
- 7,471
- covered participants
- 97th
- percentile by assets (of 127,072 plans)
- $69,008
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Care New England 403(b) Match & Savings Plan reported net income rose from -$58M in the plan year 2022 filing to $88M in the plan year 2023 filing.
- Care New England 403(b) Match & Savings Plan end-of-year assets rose from $427M in the plan year 2022 filing to $516M in the plan year 2023 filing.
- Care New England 403(b) Match & Savings Plan reported participants rose from 7,302 in the plan year 2022 filing to 7,471 in the plan year 2023 filing.
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 7,471 participants - 5.2x that state average ($516M EOY assets).
Rhode Island filing particulars
| Total Assets (Beginning of Year) | $427M |
|---|---|
| Net Assets (End of Year) | $516M |
| Net Income | $88M |
| 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 $332M · 10,046
- Brown Physicians, Inc. 401(a) Plan $281M · 1,274
- International Brotherhood of Electrical Workers Local Union No. 99 Annuity Plan $179M · 694
- Iuoe Local 57 Annuity Plan $132M · 938
- Meeting Street Retirement Plan $22M · 302
Scale composition for Care New England 403(b) Match & Savings Plan
Care New England 403(b) Match & Savings Plan reports $516M in end-of-year assets across 7,471 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $69,008 per participant (50% of the national average assets-per-participant) . Net income for plan year 2023 was $88M.
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 | Open filing |
| 2023 | 7,471 | $516M | This page |
| 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.
- Cargill Employee Retirement Account Plan (MN) $511M · 19,870
- Regions Hospital Retirement Savings 401(k) Plan (MN) $502M · 6,168
- Kpmg Partner Retirement Savings Plan (NJ) $529M · 1,895
- International Union of Operating Engineers Joint Annuity Fund of Eastern Pennsylvania and Delaware (PA) $530M · 9,386
Frequently Asked Questions
How did Care New England 403(b) Match & Savings Plan assets move in 2023? ▼
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