Profit Sharing · DOL Form 5500 · 2024

Care New England Profit Sharing Plan

Data updated 2026-07-24

$570M
Total assets: 7,381
Participants: 97th
Percentile by assets: $77,283
Avg per participant

Official DOL plan name: Care New England 403(b) Match & Savings Plan · Sponsored by Care New England · Rhode Island · Healthcare & Social Assistance

$570M in assets, 7,381 participants

Care New England's Care New England 403(b) Match & Savings Plan reported $570M in total assets and 7,381 participants in its 2024 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.

97th percentile by assets (of 116,472 plans)

Coverage in Rhode Island

Care New England 403(b) Match & Savings Plan covers 7,381 participants in Rhode Island, 5.0x the typical Rhode Island plan (state average ~1,486 per filing). Assets: $570M.

$570M
total plan assets (2024 EOY): 7,381
covered participants: 97th
percentile by assets (of 116,472 plans): $77,283
avg assets per participant

Care New England 403(b) Match & Savings Plan reported net income fell from $88M in the plan year 2023 filing to $55M in the plan year 2024 filing.
Care New England 403(b) Match & Savings Plan end-of-year assets rose from $516M in the plan year 2023 filing to $570M in the plan year 2024 filing.
Care New England 403(b) Match & Savings Plan reported participants fell from 7,471 in the plan year 2023 filing to 7,381 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Rhode Island

Industry

Healthcare & Social Assistance

Participants vs Rhode Island filers

In Rhode Island, the average filing covers about 1,486 participants across 402 plans. Care New England 403(b) Match & Savings Plan reports 7,381 participants - 5.0x that state average ($570M EOY assets).

Rhode Island filing particulars

Total Assets (Beginning of Year)	$516M
Net Assets (End of Year)	$570M
Net Income	$55M
Employer EIN	050490997
Plan Effective Date	2009-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Care New England)

Total plan assets by year, all Care New England plans on file

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.

Care New England 403(b) Match & Savings Plan vs. nearby Profit Sharing plans in Rhode Island, assets vs. participants

Textron Inc Retirement Account Plan $353M · 9,563
Brown Physicians, Inc. 401(a) Plan $326M · 1,225
Iuoe Local 57 Annuity Plan $146M · 948
Meeting Street Retirement Plan $24M · 273
The Gordon School 403(b) Retirement Plan $23M · 80

Compare Care New England 403(b) Match & Savings … side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Care New England 403(b) Match & Savings Plan by total assets, not by location.

International Union of Operating Engineers Joint Annuity Fund of Eastern Pennsylvania and Delaware (PA) $562M · 9,614
Multicare Health System Retirement Account Plan (WA) $562M · 11,865
Abbvie Puerto Rico Savings Plan (PR) $560M · 1,349
Sheet Metal Workers Local Union No. 28 Annuity Fund (NY) $590M · 3,756

Frequently Asked Questions

How did Care New England 403(b) Match & Savings Plan assets move in 2024? ▼

Care New England 403(b) Match & Savings Plan grew at a solid clip - up 10.6% during 2024, from $516M to $570M. Reported net income was $55M.

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 grew 25.1%, from $565M to $706M.

Where does Care New England 403(b) Match & Savings Plan rank by assets among Form 5500 filers? ▼

Care New England 403(b) Match & Savings Plan ranks in the 97th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).

Which Profit Sharing plans are similar in size to Care New England 403(b) Match & Savings Plan? ▼

Among Profit Sharing plans in other states, the closest by assets is International Union of Operating Engineers Joint Annuity Fund of Eastern Pennsylvania and Delaware in PA ($562M, 9,614 participants).

Next read for Care New England 403(b) Match & Savings …

Filing takeaways

Ways to act on Care New England 403(b) Match & Savings Plan's numbers.

By total assets, Care New England 403(b) Match & Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in Rhode Island. Compare plans
Care New England's sponsor-wide assets have grown 25.1% since 2022 across 3 plan years on file. More Healthcare & Social Assistance 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 050490997.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.