401(k)
2023 plan-year 401(k) DOL Form 5500

CARE NEW ENGLAND 403(B) MATCH & SAVINGS PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

CARE NEW ENGLAND

This 401(k) plan holds $516M in total assets and serves 7,471 participants as of 2023. It is sponsored by CARE NEW ENGLAND in Rhode Island. The plan reported positive net income of $88M for the year.

Total Assets (2023)
$516M
Participants
7,471
State
Industry
Healthcare & Social Assistance

What the Filing Says About CARE NEW ENGLAND 403(B) MATCH & SAVINGS PLAN

CARE NEW ENGLAND 403(B) MATCH & SAVINGS PLAN is a 401(k) retirement plan sponsored by CARE NEW ENGLAND, headquartered in Rhode Island. As of the 2023 Form 5500 filing, the plan reports $516M in total end-of-year assets and covers 7,471 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 050490997, and the plan has been effective since 2009-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $427M at the beginning of 2023 to $516M at year-end — a gain of 20.6%. Net assets (after liabilities) closed the year at $516M, with reported net income of $88M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$427M
Total Assets (End of Year)$516M
Net Assets (End of Year)$516M
Net Income$88M
Plan Type401(k)
Employer EIN050490997
Plan Effective Date2009-01-01
Filing StatusFILING 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 401(k) Plans in Rhode Island

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

Frequently Asked Questions

How much money is in the CARE NEW ENGLAND 403(B) MATCH & SAVINGS PLAN?
As of the 2023 Form 5500 filing, CARE NEW ENGLAND 403(B) MATCH & SAVINGS PLAN holds $516M in total assets with 7,471 participants. It is sponsored by CARE NEW ENGLAND.
What type of plan is CARE NEW ENGLAND 403(B) MATCH & SAVINGS PLAN?
CARE NEW ENGLAND 403(B) MATCH & SAVINGS PLAN is a 401(k) plan. It has been effective since 2009-01-01. The plan is filed with the U.S. Department of Labor under EIN 050490997.
Who sponsors the CARE NEW ENGLAND 403(B) MATCH & SAVINGS PLAN?
CARE NEW ENGLAND 403(B) MATCH & SAVINGS PLAN is sponsored by CARE NEW ENGLAND, located in Rhode Island. The sponsor's EIN is 050490997 and the plan operates in the Healthcare & Social Assistance industry.
How did CARE NEW ENGLAND 403(B) MATCH & SAVINGS PLAN perform in 2023?
CARE NEW ENGLAND 403(B) MATCH & SAVINGS PLAN grew by 20.6% during 2023, moving from $427M to $516M in total assets. Net income was $88M.
Where can I find official filings for CARE NEW ENGLAND 403(B) MATCH & SAVINGS PLAN?
Official Form 5500 filings for CARE NEW ENGLAND 403(B) MATCH & SAVINGS PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 050490997 or plan name at efast.dol.gov.
How does CARE NEW ENGLAND 403(B) MATCH & SAVINGS PLAN compare to other plans?
You can compare CARE NEW ENGLAND 403(B) MATCH & SAVINGS PLAN against other 401(k) plans on the plan type page, or view plans in Rhode Island on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 050490997.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.