Defined Benefit (Pension)
2024 plan-year Defined Benefit (Pension) DOL Form 5500

The Memorial Hospital Defined Benefit Pension Plan and Trust

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Care New England · Rhode Island · Healthcare & Social Assistance

What the 2023 filing shows

The Memorial Hospital Defined Benefit Pension Plan and Trust holds $84M for 144 participants — about $583,873 per participant, down 0.5% over the 2024 plan year.

$84M
total plan assets (2024 EOY)
144
covered participants
$583,873
avg assets per participant
-0.5%
assets change YoY

The plan reported a net loss of $397K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$84M
Participants
144
State
Industry
Healthcare & Social Assistance

What the Filing Says About The Memorial Hospital Defined Benefit Pension Plan and Trust

The Memorial Hospital Defined Benefit Pension Plan and Trust is a Defined Benefit (Pension) retirement plan sponsored by Care New England, headquartered in Rhode Island. As of the 2024 Form 5500 filing, the plan reports $84M in total end-of-year assets and covers 144 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 050259004, and the plan has been effective since 1966-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $84M at the beginning of 2024 to $84M at year-end — a decline of 0.5%. Net assets (after liabilities) closed the year at $84M, with reported net income of $-396,814 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$84M
Total Assets (End of Year)$84M
Net Assets (End of Year)$84M
Net Income$-396,814
Plan TypeDefined Benefit (Pension)
Employer EIN050259004
Plan Effective Date1966-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Care New England)

Year Plans Participants Total Assets
2022 2 352 $89M
2023 2 325 $88M
2024 2 305 $88M

Nearby Defined Benefit (Pension) Plans in Rhode Island

Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the The Memorial Hospital Defined Benefit Pension Plan and Trust?
As of the 2024 Form 5500 filing, The Memorial Hospital Defined Benefit Pension Plan and Trust holds $84M in total assets with 144 participants. It is sponsored by Care New England.
What type of plan is The Memorial Hospital Defined Benefit Pension Plan and Trust?
The Memorial Hospital Defined Benefit Pension Plan and Trust is a Defined Benefit (Pension) plan. It has been effective since 1966-04-01. The plan is filed with the U.S. Department of Labor under EIN 050259004.
Who sponsors the The Memorial Hospital Defined Benefit Pension Plan and Trust?
The Memorial Hospital Defined Benefit Pension Plan and Trust is sponsored by Care New England, located in Rhode Island. The sponsor's EIN is 050259004 and the plan operates in the Healthcare & Social Assistance industry.
How did The Memorial Hospital Defined Benefit Pension Plan and Trust perform in 2024?
The Memorial Hospital Defined Benefit Pension Plan and Trust declined by 0.5% during 2024, moving from $84M to $84M in total assets. Net income was $-396,814.
Where can I find official filings for The Memorial Hospital Defined Benefit Pension Plan and Trust?
Official Form 5500 filings for The Memorial Hospital Defined Benefit Pension Plan and Trust are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 050259004 or plan name at efast.dol.gov.
How does The Memorial Hospital Defined Benefit Pension Plan and Trust compare to other plans?
You can compare The Memorial Hospital Defined Benefit Pension Plan and Trust against other Defined Benefit (Pension) plans on the plan type page, or view plans in Rhode Island on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 050259004.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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