Defined Benefit (Pension) · DOL Form 5500 · 2024

Care New England Pension Plan

Data updated 2026-08-25

$136M
Total assets Near avg plan size
1,668
Participants Near avg headcount
92nd
Percentile by assets National rank
$81,361
Avg per participant Below avg balance/head
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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.

  • #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.

#15,794
in Healthcare & Social Assistance (16,916 peers)
-0.6%
assets change YoY
1.4×
vs typical plan assets (national mean)

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.

Care New England Pension Plan's outsized position by total assets

Care New England Pension Plan vs every filed plan by assets

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

$135,709,765 Top 8% higher than 92% 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

Care New England Pension 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 Pension Plan lands in the large band (1,668 participants).

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.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 050490997 · Care New England PY 2024 · Defined Benefit (Pension)

Care New England Pension Plan · $136M · 1,668 · 92nd

  • ASSETS $136M
  • ASSETS 1,668
  • ASSETS 92nd
  • ASSETS Defined Benefit (Pension)
  • ASSETS near Northern Mn-Wi Area Retail Clerks Pension Fund
  • ASSETS ind #15794

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 Pension Plan in the asset neighbourhood

Care New England Pension Plan$136MNorthern Mn-Wi Area Retail Clerks Pension FundNorthern Mn-Wi Area Retail C…$136MDairy Industry - Union Pension Plan for Philadelphia and VicinityDairy Industry - Union Pensi…$136MSeaboard Corporation Pension PlanSeaboard Corporation Pension…$136MAtlanta Ironworkers Local #387 Pension PlanAtlanta Ironworkers Local #3…$136M
End-of-year total assets ($M) among Care New England Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$137M
Net Assets (End of Year)$136M
Net Income-$819K
Employer EIN050490997
Plan Effective Date1964-07-01
Filing StatusFILING 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
$550M$600M$650M$700M$750M 202220232024 $565M $706M ▲ +25.1%
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 Scatter plot of 6 data points. -200000200004000060000 -505101520 Total assets ($B) Participants Care New England Pension Plan, Total assets ($B): 0.135709765 · Participants: 1668Care New England Pension PlanThe Bank of America Pension Plan, Total assets ($B): 19.041232839 · Participants: 53831The Bank of America Pension PlanTextron Master Retirement Plan, Total assets ($B): 5.458240388 · Participants: 6888Textron Master Retirement PlanFactory Mutual Insurance Company Pension Plan, Total assets ($B): 3.028187818 · Participants: 3656Factory Mutual Insurance Company Pension PlanBell Helicopter Textron Master Retirement Plan, Total assets ($B): 2.329548169 · Participants: 2671Bell Helicopter Textron Master Retirement PlanAmica Pension Fund, Total assets ($B): 1.66403358 · Participants: 2172Amica Pension Fund
Care New England Pension Plan vs. nearby Defined Benefit (Pension) plans in Rhode Island, assets vs. participants

Care New England Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Rhode Island, the nearest Defined Benefit (Pension) by assets is Northern Mn-Wi Area Retail Clerks Pension Fund in MN ($136M); by covered participants it is National Grid USA Companies Final Average Pay Pension Plan in NY (1,668 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,668 participants); asset peers above are excluded.

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 Care New England Pension Plan assets move in 2024? ▼
Care New England Pension Plan held essentially flat - down 0.6% during 2024, from $137M to $136M. Reported net income was -$819K.
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 Pension Plan rank by assets among Form 5500 filers? ▼
Care New England Pension Plan ranks in the 92nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Care New England Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Northern Mn-Wi Area Retail Clerks Pension Fund in MN ($136M, 1,668 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Care New England Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is National Grid USA Companies Final Average Pay Pension Plan in NY (1,668 participants, $2.1B in assets).