Profit Sharing · DOL Form 5500 · 2023
Care New England Profit Sharing Plan
Data updated 2026-08-25
- $516M
- Total assets Above avg plan size
- 7,471
- Participants Very large workforce
- 97th
- Percentile by assets National rank
- $69,008
- Avg per participant Below avg balance/head
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.
- #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.
- #17,270
- in Healthcare & Social Assistance (17,684 peers)
- +20.6%
- assets growth YoY
- 5.2×
- vs typical plan assets (national mean)
Care New England 403(b) Match & Savings Plan's outsized position by total assets
Care New England 403(b) Match & Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$515,558,668 Top 3% higher than 97% 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
Care New England 403(b) Match & Savings Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Care New England 403(b) Match & Savings Plan lands in the large band (7,471 participants).
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.
Plan-year Form 5500 strip
Filing strip 050490997 · Care New England PY 2023 · Profit Sharing
Care New England 403(b) Match & Savings Plan · $516M · 7,471 · 97th
- IND $516M
- EOY 7,471
- 5500 97th
- ASSETS Profit Sharing
- PCT near Cargill Employee Retirement Account Plan
- EIN ind #17270
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 Rhode Island →
Care New England 403(b) Match & Savings Plan in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Care New England plans reported in each filing year
- Latest sponsor-wide plan assets
- $706M 25.07816075876279% vs 2022
- 2024 filing year
| 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.
- 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)
Care New England 403(b) Match & Savings Plan's out-of-state Profit Sharing peers by assets and headcount
Outside Rhode Island, the nearest Profit Sharing by assets is Cargill Employee Retirement Account Plan in MN ($511M); by covered participants it is New Jersey Building Laborers Statewide Annuity Fund in NJ (7,335 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($516M here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (7,471 participants); asset peers above are excluded.
- New Jersey Building Laborers Statewide Annuity Fund (NJ) 7,335 · 136 off
- North Mississippi Health Services Employer Savings Plan (MS) 7,302 · 169 off
- I.U.O.E. Local #132 Annuity & Savings Fund (WV) 7,765 · 294 off
- Wgu Retirement Savings Plan (UT) 7,868 · 397 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.