Defined Benefit (Pension) · DOL Form 5500 · 2023

Care New England Pension Plan

Data updated 2026-08-25

$84M
Total assets Below avg plan size
167
Participants Small participant base
90th
Percentile by assets National rank
$505,836
Avg per participant High balance/head
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Official DOL plan name: The Memorial Hospital Defined Benefit Pension Plan and Trust · Sponsored by Care New England · Rhode Island · Healthcare & Social Assistance

$84M in assets, 167 participants

Care New England's The Memorial Hospital Defined Benefit Pension Plan and Trust reported $84M in total assets and 167 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.

  • #16,168 in Healthcare & Social Assistance (17,684 peers)

Coverage in Rhode Island

The Memorial Hospital Defined Benefit Pension Plan and Trust covers 167 participants in Rhode Island, about 12% of the average Rhode Island filer (state average ~1,449 per filing). Assets: $84M.

#16,168
in Healthcare & Social Assistance (17,684 peers)
-0.8%
assets change YoY
0.8×
vs typical plan assets (national mean)

The plan reported a net loss of $712K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Memorial Hospital Defined Benefit Pension Plan and Trust's outsized position by total assets

The Memorial Hospital Defined Benefit Pension Plan and Trust vs every filed plan by assets

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

$84,474,581 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

The Memorial Hospital Defined Benefit Pension Plan and Trust 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. The Memorial Hospital Defined Benefit Pension Plan and Trust sits mid-pack in the medium band (167 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Memorial Hospital Defined Benefit Pension Plan and Trust reported net income rose from -$14M in the plan year 2022 filing to -$712K in the plan year 2023 filing.
  • The Memorial Hospital Defined Benefit Pension Plan and Trust reported participants fell from 187 in the plan year 2022 filing to 167 in the plan year 2023 filing.
  • The Memorial Hospital Defined Benefit Pension Plan and Trust end-of-year assets fell from $85M in the plan year 2022 filing to $84M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 050259004 · Care New England PY 2023 · Defined Benefit (Pension)

The Memorial Hospital Defined Benefit Pension Plan and Trust · $84M · 167 · 90th

  • EIN $84M
  • EIN 167
  • EIN 90th
  • EIN Defined Benefit (Pension)
  • EIN near H.F.I.a.W. Local No. 32 - Pension Trust Fund
  • EIN ind #16168

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 →

The Memorial Hospital Defined Benefit Pension Plan and Trust in the asset neighbourhood

Society for Human Resource Management Pension Plan and TrustSociety for Human Resource M…$85MH.F.I.a.W. Local No. 32 - Pension Trust FundH.F.I.a.W. Local No. 32 - Pe…$85MThe Memorial Hospital Defined Benefit Pension Plan and TrustThe Memorial Hospital Define…$84MConsolidated Nuclear Security, LLC Retirement Plan for Bargaining Unit Members of the Pantex Guards UnionConsolidated Nuclear Securit…$84MConstellation Cash Balance Pension Plan for Bargaining Unit EmployeesConstellation Cash Balance P…$84M
End-of-year total assets ($M) among The Memorial Hospital Defined Benefit Pension Plan and Trust and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Rhode Island filing particulars

Total Assets (Beginning of Year)$85M
Net Assets (End of Year)$84M
Net Income-$712K
Employer EIN050259004
Plan Effective Date1966-04-01
Filing StatusFILING 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
$88M 0.7443579386369983% vs 2022
2024 filing year
$87.8M$88M$88.2M$88.4M$88.6M$88.8M 202220232024 $88.7M $88M ▼ -0.7%
Year Plans Participants Total Assets
2022 2 352 $89M
2023 2 325 $88M
2024 2 305 $88M

Nearby Defined Benefit (Pension) Plans in Rhode Island

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

The Memorial Hospital Defined Benefit Pension Plan and Trust vs. nearby Defined Benefit (Pension) plans in Rhode Island, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -50510152025 Total assets ($B) Participants The Memorial Hospital Defined Benefit Pension Plan and Trust, Total assets ($B): 0.084474581 · Participants: 167The Memorial Hospital Defined Benefit Pension Plan and TrustThe Bank of America Pension Plan, Total assets ($B): 19.18921965 · Participants: 56519The Bank of America Pension PlanTextron Master Retirement Plan, Total assets ($B): 5.244382313 · Participants: 7320Textron Master Retirement PlanFactory Mutual Insurance Company Pension Plan, Total assets ($B): 2.905288129 · Participants: 3478Factory Mutual Insurance Company Pension PlanBell Helicopter Textron Master Retirement Plan, Total assets ($B): 2.242403648 · Participants: 2800Bell Helicopter Textron Master Retirement PlanAmica Pension Fund, Total assets ($B): 1.772694319 · Participants: 2338Amica Pension Fund
The Memorial Hospital Defined Benefit Pension Plan and Trust vs. nearby Defined Benefit (Pension) plans in Rhode Island, assets vs. participants

The Memorial Hospital Defined Benefit Pension Plan and Trust's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Rhode Island, the nearest Defined Benefit (Pension) by assets is H.F.I.a.W. Local No. 32 - Pension Trust Fund in NJ ($85M); by covered participants it is Chemtura Corporation Retirement Plan in PA (167 participants). Same-state nearby plans are listed separately above.

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 The Memorial Hospital Defined Benefit Pension Plan and Trust assets move in 2023?
The Memorial Hospital Defined Benefit Pension Plan and Trust held essentially flat - down 0.8% during 2023, from $85M to $84M. Reported net income was -$712K.
How have Care New England plan assets changed over time?
Across 3 plan years on file (2022-2024), Care New England's sponsor-wide assets declined 0.7%, from $89M to $88M.
Where does The Memorial Hospital Defined Benefit Pension Plan and Trust rank by assets among Form 5500 filers?
The Memorial Hospital Defined Benefit Pension Plan and Trust 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 Defined Benefit (Pension) plans are similar in size to The Memorial Hospital Defined Benefit Pension Plan and Trust?
Among Defined Benefit (Pension) plans in other states, the closest by assets is H.F.I.a.W. Local No. 32 - Pension Trust Fund in NJ ($85M, 212 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Memorial Hospital Defined Benefit Pension Plan and Trust?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Chemtura Corporation Retirement Plan in PA (167 participants, $154M in assets).