Other · DOL Form 5500 · 2024

New England Life Care, Inc. Retirement Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
497
Participants Below avg headcount
77th
Percentile by assets National rank
$60,537
Avg per participant Low balance/head
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Official DOL plan name: New England Life Care, Inc. 403(b) Retirement Plan · Sponsored by New England Life Care, Inc. · Maine · Healthcare & Social Assistance

$30M in assets, 497 participants

New England Life Care, Inc.'s New England Life Care, Inc. 403(b) Retirement Plan reported $30M in total assets and 497 participants in its 2024 DOL Form 5500 filing, ranking in the 77th 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.

  • #13,652 in Healthcare & Social Assistance (16,916 peers)

Where New England Life Care, Inc. 403(b) Retirement Plan sits by assets

New England Life Care, Inc. 403(b) Retirement Plan sits in the top quartile of all filed plans by assets, $30M for 497 participants (~$60,537/participant), up 14.7% in 2024.

#13,652
in Healthcare & Social Assistance (16,916 peers)
+14.7%
assets growth YoY
0.3×
vs typical plan assets (national mean)

New England Life Care, Inc. 403(b) Retirement Plan's outsized position by total assets

New England Life Care, Inc. 403(b) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$30,087,089 Top 23% higher than 77% of 123,620 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 2024

New England Life Care, Inc. 403(b) Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. New England Life Care, Inc. 403(b) Retirement Plan sits mid-pack in the medium band (497 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • New England Life Care, Inc. 403(b) Retirement Plan reported net income fell from $5M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • New England Life Care, Inc. 403(b) Retirement Plan end-of-year assets rose from $26M in the plan year 2023 filing to $30M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 223195337 · New England Life Care, Inc. PY 2024 · Other

New England Life Care, Inc. 403(b) Retirement Plan · $30M · 497 · 77th

  • TYPE $30M
  • NET 497
  • BOOK 77th
  • VS-ST Other
  • BOY near Museum Associates D/B/a Los Angeles County Museum of Art 403(b) Plan
  • SCH ind #13652

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 Maine →

New England Life Care, Inc. 403(b) Retirement Plan in the asset neighbourhood

Corporation for Supportive Housing Retirement PlanCorporation for Supportive H…$30MCalifornia Community Foundation, Inc. Retirement PlanCalifornia Community Foundat…$30MNew England Life Care, Inc. 403(b) Retirement PlanNew England Life Care, Inc. …$30MMuseum Associates D/B/a Los Angeles County Museum of Art 403(b) PlanMuseum Associates D/B/a Los …$30MSaint Josephs College Defined Contribution Retirement PlanSaint Josephs College Define…$30M
End-of-year total assets ($M) among New England Life Care, Inc. 403(b) Retirement Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$30M
Net Income$4M
Employer EIN223195337
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New England Life Care, Inc.)

Sponsor-wide plan assets over time

All New England Life Care, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$30M 39.85004802261764% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $21.5M $30.1M ▲ +39.9%
Year Plans Participants Total Assets
2022 1 470 $22M
2023 1 500 $26M
2024 1 497 $30M

Nearby Other Plans in Maine

Peer Other plans, same state, same plan type, ranked by total assets.

New England Life Care, Inc. 403(b) Retirement Plan vs. nearby Other plans in Maine, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -10123 Total assets ($B) Participants New England Life Care, Inc. 403(b) Retirement Plan, Total assets ($B): 0.030087089 · Participants: 497New England Life Care, Inc. 403(b) Retirement PlanMainehealth 403(b) Retirement Plan, Total assets ($B): 2.460227578 · Participants: 22911Mainehealth 403(b) Retirement PlanNorthern Light Health Retirement Partnership 403(b) Plan, Total assets ($B): 1.178309065 · Participants: 10712Northern Light Health Retirement Partnership 403(b) PlanJax 403(b) Retirement Plan, Total assets ($B): 0.602801239 · Participants: 2735Jax 403(b) Retirement PlanMainegeneral Health 403(b) Retirement Plan, Total assets ($B): 0.414388161 · Participants: 4718Mainegeneral Health 403(b) Retirement PlanColby College Retirement Plan, Total assets ($B): 0.297027676 · Participants: 978Colby College Retirement Plan
New England Life Care, Inc. 403(b) Retirement Plan vs. nearby Other plans in Maine, assets vs. participants

New England Life Care, Inc. 403(b) Retirement Plan's out-of-state Other peers by assets and headcount

Outside Maine, the nearest Other by assets is Museum Associates D/B/a Los Angeles County Museum of Art 403(b) Plan in CA ($30M); by covered participants it is Rehabilitation Hospital of the Pacific 403b Retirement Savings Plan in HI (497 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did New England Life Care, Inc. 403(b) Retirement Plan assets move in 2024?
New England Life Care, Inc. 403(b) Retirement Plan grew at a solid clip - up 14.7% during 2024, from $26M to $30M. Reported net income was $4M.
How have New England Life Care, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), New England Life Care, Inc.'s sponsor-wide assets grew 39.9%, from $22M to $30M.
Where does New England Life Care, Inc. 403(b) Retirement Plan rank by assets among Form 5500 filers?
New England Life Care, Inc. 403(b) Retirement Plan ranks in the 77th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to New England Life Care, Inc. 403(b) Retirement Plan?
Among Other plans in other states, the closest by assets is Museum Associates D/B/a Los Angeles County Museum of Art 403(b) Plan in CA ($30M, 479 participants).
Which Other plans cover a similar participant headcount to New England Life Care, Inc. 403(b) Retirement Plan?
Among Other plans in other states, the closest by covered participants is Rehabilitation Hospital of the Pacific 403b Retirement Savings Plan in HI (497 participants, $55M in assets).