Defined Benefit (Pension) · DOL Form 5500 · 2024
Care New England Pension Plan
Data updated 2026-08-11
- $136M
- Total assets
- 1,668
- Participants
- 92nd
- Percentile by assets
- $81,361
- Avg per participant
Official DOL plan name: Care New England Pension Plan · Sponsored by Care New England · Rhode Island · Healthcare & Social Assistance
$136M in assets, 1,668 participants
Care New England's Care New England Pension Plan reported $136M in total assets and 1,668 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.
- 92nd percentile by assets (of 123,622 plans)
- #15,794 in Healthcare & Social Assistance (16,916 peers)
Where Care New England Pension Plan sits by assets
Care New England Pension Plan sits in the top 10% of all filed plans by assets, $136M for 1,668 participants (~$81,361/participant), down 0.6% in 2024.
- $136M
- total plan assets (2024 EOY)
- 1,668
- covered participants
- 92nd
- percentile by assets (of 123,622 plans)
- $81,361
- avg assets per participant
The plan reported a net loss of $819K 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
- Care New England Pension Plan reported net income fell from -$647K in the plan year 2023 filing to -$819K in the plan year 2024 filing.
- Care New England Pension Plan reported participants fell from 1,851 in the plan year 2023 filing to 1,668 in the plan year 2024 filing.
- Care New England Pension Plan end-of-year assets fell from $137M in the plan year 2023 filing to $136M in the plan year 2024 filing.
Care New England Pension Plan vs the 2024 asset distribution
By assets, Care New England Pension Plan outranks 92% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.4x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $137M |
|---|---|
| Net Assets (End of Year) | $136M |
| Net Income | -$819K |
| Employer EIN | 050490997 |
| Plan Effective Date | 1964-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Care New England)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 9,329 | $565M |
| 2023 | 2 | 9,322 | $652M |
| 2024 | 2 | 9,049 | $706M |
Nearby Defined Benefit (Pension) Plans in Rhode Island
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Care New England Pension Plan vs. nearby Defined Benefit (Pension) plans in Rhode Island, assets vs. participants
- The Bank of America Pension Plan $19.0B · 53,831
- Textron Master Retirement Plan $5.5B · 6,888
- Factory Mutual Insurance Company Pension Plan $3.0B · 3,656
- Bell Helicopter Textron Master Retirement Plan $2.3B · 2,671
- Amica Pension Fund $1.7B · 2,172
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Care New England Pension Plan by total assets, not by location.
- Northern Mn-Wi Area Retail Clerks Pension Fund (MN) $136M · 1,668
- Dairy Industry - Union Pension Plan for Philadelphia and Vicinity (NJ) $136M · 350
- Seaboard Corporation Pension Plan (KS) $136M · 351
- Atlanta Ironworkers Local #387 Pension Plan (TN) $136M · 723
Frequently Asked Questions
How did Care New England Pension Plan assets move in 2024? ▼
How have Care New England plan assets changed over time? ▼
Where does Care New England Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Care New England Pension Plan? ▼
Next read for Care New England Pension Plan
Scale reading
Ways to act on Care New England Pension Plan's numbers.
- By total assets, Care New England Pension 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 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