Defined Benefit (Pension) · DOL Form 5500 · 2024
New England Life Insurance Company Pension Plan
Data updated 2026-07-24
- $141M
- Total assets
- N/A
- Participants
- 93rd
- Percentile by assets
Official DOL plan name: New England Agency Employees' Retirement Plan · Sponsored by New England Life Insurance Company · North Carolina · Finance & Insurance
$141M in assets, N/A participants
New England Life Insurance Company's New England Agency Employees' Retirement Plan reported $141M in total assets and N/A participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.
- 93rd percentile by assets (of 116,472 plans)
Where New England Agency Employees' Retirement Plan sits by assets
New England Agency Employees' Retirement Plan sits in the top 10% of all filed plans by assets, $141M for N/A participants, down 0.9% in 2024.
- $141M
- total plan assets (2024 EOY)
- N/A
- covered participants
- 93rd
- percentile by assets (of 116,472 plans)
- -0.9%
- assets change YoY
The plan reported a net loss of $8M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- New England Agency Employees' Retirement Plan reported net income fell from $3M in the plan year 2023 filing to -$8M in the plan year 2024 filing.
- New England Agency Employees' Retirement Plan end-of-year assets fell from $142M in the plan year 2023 filing to $141M in the plan year 2024 filing.
New England Agency Employees' Retirement Plan vs the 2024 asset distribution
By assets, New England Agency Employees' Retirement Plan outranks 93% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.4x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $142M |
|---|---|
| Net Assets (End of Year) | $126M |
| Net Income | -$8M |
| Employer EIN | 042708937 |
| Plan Effective Date | 1953-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (New England Life Insurance Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | N/A | $234M |
| 2023 | 2 | N/A | $230M |
| 2024 | 2 | N/A | $225M |
Nearby Defined Benefit (Pension) Plans in North Carolina
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
New England Agency Employees' Retirement Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
- Honeywell Retirement Earnings Plan $16.6B · 9,923
- Truist Financial Corporation Pension Plan $14.7B · 38,548
- Duke Energy Retirement Cash Balance Plan $4.7B · 13,576
- The Hearst Corporation Retirement Plan $2.4B · 1,745
- Duke Energy Legacy Pension Plan $2.4B · 300
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to New England Agency Employees' Retirement Plan by total assets, not by location.
- Capital City Bank Group, Inc. Retirement Plan (FL) $141M · 441
- Massachusetts Medical Society Pension Plan (MA) $141M · 146
- Noble Services Company LLC Salaried Employees' Retirement Plan (TX) $141M · 112
- Arkema Inc. Retirement Benefits Plan (PA) $141M · 401
Frequently Asked Questions
How did New England Agency Employees' Retirement Plan assets move in 2024? ▼
How have New England Life Insurance Company plan assets changed over time? ▼
Where does New England Agency Employees' Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to New England Agency Employees' Retirement Plan? ▼
Next read for New England Agency Employees' Retirement…
Scale reading
Ways to act on New England Agency Employees' Retirement Plan's numbers.
- By total assets, New England Agency Employees' Retirement Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in North Carolina. Compare plans
- New England Life Insurance Company's sponsor-wide assets have declined 3.9% since 2022 across 3 plan years on file. More Finance & Insurance plans
Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.
Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 042708937.
Read our methodology - how this data is sourced, computed, and verified.