Defined Benefit (Pension) · DOL Form 5500 · 2024

Care New England Pension Plan

Data updated 2026-08-25

$84M
Total assets Below avg plan size
144
Participants Small participant base
89th
Percentile by assets National rank
$583,873
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: The Memorial Hospital Defined Benefit Pension Plan and Trust · Sponsored by Care New England · Rhode Island · Healthcare & Social Assistance

$84M in assets, 144 participants

Care New England's The Memorial Hospital Defined Benefit Pension Plan and Trust reported $84M in total assets and 144 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #15,314 in Healthcare & Social Assistance (16,916 peers)

Coverage in Rhode Island

The Memorial Hospital Defined Benefit Pension Plan and Trust covers 144 participants in Rhode Island, about 10% of the average Rhode Island filer (state average ~1,449 per filing). Assets: $84M.

#15,314
in Healthcare & Social Assistance (16,916 peers)
-0.5%
assets change YoY
0.8×
vs typical plan assets (national mean)

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.

The Memorial Hospital Defined Benefit Pension Plan and Trust's outsized position by total assets

The Memorial Hospital Defined Benefit Pension Plan and Trust vs every filed plan by assets

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

$84,077,767 Top 11% higher than 89% 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

The Memorial Hospital Defined Benefit Pension Plan and Trust among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Memorial Hospital Defined Benefit Pension Plan and Trust sits mid-pack in the medium band (144 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Memorial Hospital Defined Benefit Pension Plan and Trust reported net income rose from -$712K in the plan year 2023 filing to -$397K in the plan year 2024 filing.
  • The Memorial Hospital Defined Benefit Pension Plan and Trust reported participants fell from 167 in the plan year 2023 filing to 144 in the plan year 2024 filing.
  • The Memorial Hospital Defined Benefit Pension Plan and Trust end-of-year assets fell from $84M in the plan year 2023 filing to $84M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 050259004 · Care New England PY 2024 · Defined Benefit (Pension)

The Memorial Hospital Defined Benefit Pension Plan and Trust · $84M · 144 · 89th

  • VS-ST $84M
  • VS-ST 144
  • VS-ST 89th
  • VS-ST Defined Benefit (Pension)
  • VS-ST near Duane Morris Employees' Pension Plan
  • VS-ST ind #15314

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 →

The Memorial Hospital Defined Benefit Pension Plan and Trust in the asset neighbourhood

Local 441 Plumbers & Pipefitters Retirement PlanLocal 441 Plumbers & Pipefit…$84MThe Memorial Hospital Defined Benefit Pension Plan and TrustThe Memorial Hospital Define…$84MDuane Morris Employees' Pension PlanDuane Morris Employees' Pens…$84MDorsey & Whitney LLP Cash Balance PlanDorsey & Whitney LLP Cash Ba…$84MLocal 670 Pension Plan$84M
End-of-year total assets ($M) among The Memorial Hospital Defined Benefit Pension Plan and Trust and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Rhode Island filing particulars

Total Assets (Beginning of Year)$84M
Net Assets (End of Year)$84M
Net Income-$397K
Employer EIN050259004
Plan Effective Date1966-04-01
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
$88M 0.7443579386369983% vs 2022
2024 filing year
$87.8M$88M$88.2M$88.4M$88.6M$88.8M 202220232024 $88.7M $88M ▼ -0.7%
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.

The Memorial Hospital Defined Benefit Pension Plan and Trust vs. nearby Defined Benefit (Pension) plans in Rhode Island, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -505101520 Total assets ($B) Participants The Memorial Hospital Defined Benefit Pension Plan and Trust, Total assets ($B): 0.084077767 · Participants: 144The Memorial Hospital Defined Benefit Pension Plan and TrustThe 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
The Memorial Hospital Defined Benefit Pension Plan and Trust vs. nearby Defined Benefit (Pension) plans in Rhode Island, assets vs. participants

The Memorial Hospital Defined Benefit Pension Plan and Trust's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Rhode Island, the nearest Defined Benefit (Pension) by assets is Duane Morris Employees' Pension Plan in PA ($84M); by covered participants it is Penn Mutual Retirement Plan in PA (144 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($84M here).

Similar participant headcount

Nearest other-state filings by covered participants (144 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 The Memorial Hospital Defined Benefit Pension Plan and Trust assets move in 2024?
The Memorial Hospital Defined Benefit Pension Plan and Trust held essentially flat - down 0.5% during 2024, from $84M to $84M. Reported net income was -$397K.
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 declined 0.7%, from $89M to $88M.
Where does The Memorial Hospital Defined Benefit Pension Plan and Trust rank by assets among Form 5500 filers?
The Memorial Hospital Defined Benefit Pension Plan and Trust ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to The Memorial Hospital Defined Benefit Pension Plan and Trust?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Duane Morris Employees' Pension Plan in PA ($84M, 738 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Memorial Hospital Defined Benefit Pension Plan and Trust?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Penn Mutual Retirement Plan in PA (144 participants, $3M in assets).