Profit Sharing · DOL Form 5500 · 2024
Care New England Profit Sharing Plan
Data updated 2026-08-25
- $570M
- Total assets Above avg plan size
- 7,381
- Participants Very large workforce
- 97th
- Percentile by assets National rank
- $77,283
- 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
$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.
- #16,496 in Healthcare & Social Assistance (16,916 peers)
Coverage in Rhode Island
Care New England 403(b) Match & Savings Plan covers 7,381 participants in Rhode Island, 5.1x the typical Rhode Island plan (state average ~1,449 per filing). Assets: $570M.
- #16,496
- in Healthcare & Social Assistance (16,916 peers)
- +10.6%
- assets growth YoY
- 5.7×
- 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 2024 · DOL Form 5500
$570,426,091 Top 3% higher than 97% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Care New England 403(b) Match & Savings Plan's large-plan peer group by participant headcount
Plan-year 2024 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 (7,381 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- 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.
DOL schedule card
Filing strip 050490997 · Care New England PY 2024 · Profit Sharing
Care New England 403(b) Match & Savings Plan · $570M · 7,381 · 97th
- PHOTO $570M
- IND 7,381
- EOY 97th
- 5500 Profit Sharing
- ASSETS near International Union of Operating Engineers Joint Annuity Fund of Eastern Pennsylvania and Delaware
- PCT ind #16496
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) | $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)
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 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
Scale composition for Care New England 403(b) Match & Savings Plan
Care New England 403(b) Match & Savings Plan reports $570M in end-of-year assets across 7,381 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $77,283 per participant (56% of the national average assets-per-participant) . Net income for plan year 2024 was $55M.
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 | Open filing |
| 2024 · index core | 7,381 | $570M | This page |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- 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 International Union of Operating Engineers Joint Annuity Fund of Eastern Pennsylvania and Delaware in PA ($562M); by covered participants it is New Jersey Building Laborers Statewide Annuity Fund in NJ (7,247 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($570M here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (7,381 participants); asset peers above are excluded.
- New Jersey Building Laborers Statewide Annuity Fund (NJ) 7,247 · 134 off
- Cooper Health System, Inc. Defined Contribution Retirement Plan (NJ) 7,208 · 173 off
- North Mississippi Health Services, Inc. Employer Savings Plan (MS) 7,188 · 193 off
- Northern Illinois Annuity Fund (WA) 7,178 · 203 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.