My Plan Facts

Employers › Rhode Island

Employer · plans filed under one EIN

Care New England

Pawtucket, RI · Health care and social assistance

Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.

$88.0Mnet assets across plans
1,834participant records293 active
$4.5Memployer contributions, latest plan years$15,485 per active record
$401KSchedule C compensation to organisations$218.59 per participant record

2 retirement plans with 100 or more participants file Form 5500 under Care New England's employer identification number (Pawtucket, Rhode Island). Their latest filings total 1,834 participant records and $88.0M in net assets.

The largest is The Memorial Hospital Defined Benefit Pension Plan and Trust, a defined benefit pension plan with 1,512 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.

Employer contributions across the plans were $4.5M and participant contributions $0 in the latest plan years; benefits paid were $8.6M. Schedule C compensation reported to service provider organisations totalled $401K.

Combined net assets moved from $77.3M in 2009 to $88.0M in 2024 (up 14%). Plan mergers and spin-offs show up here as steps in the series.

Plans

PlanKindPlan yearParticipantsNet assetsPer participantEmployer / activeSch. C compensation
The Memorial Hospital Defined Benefit Pension Plan and Trustdefined benefit pension plan20241,512$84.1M$55,607$33,117$392K
Memorial Hospital of Rhode Island Defined Contribution Plan403(b) plan2024322$3.9M$12,202—$9,207
US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244.

Trend by plan year

2009: $77.3M2010: $83.8M2011: $86.5M2012: $95.9M2013: $103M2014: $107M2015: $98.6M2016: $105M2017: $88.7M2018: $84.5M2019: $92.5M2020: $98.7M2021: $104M2022: $88.7M2023: $88.3M2024: $88.0M$77.3M$107M$88.0M20092012201620202024
Combined net assets
2009: 2,0632010: 2,0302011: 2,0152012: 2,7932013: 3,6622014: 3,3222015: 3,1182016: 3,0232017: 2,5112018: 2,3392019: 2,2662020: 2,1922021: 2,1372022: 1,9342023: 1,8922024: 1,8342,0633,6621,83420092012201620202024
Participant records
Plan yearPlansParticipant recordsNet assetsEmployer contributionsParticipant contributions
202421,834$88.0M$4.5M$0
202321,892$88.3M$233K$0
202221,934$88.7M$4.2M$0
202122,137$104M$6.9M$0
202022,192$98.7M$9.7M$0
201922,266$92.5M$9.8M$0
201822,339$84.5M$7.1M$0
201722,511$88.7M$5.3M$0
201623,023$105M$8.6M$0
201523,118$98.6M$3.9M$0
201423,322$107M$6.3M$814K
201323,662$103M$2.7M$842K
201222,793$95.9M$6.1M$322K
201112,015$86.5M$5.7M$0
201012,030$83.8M$2.4M$0
200912,063$77.3M$7.4M$0

History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.

Service providers

OrganisationServices reportedPlansCompensation reported
Willis Towers Watson US LLCActuarial; Recordkeeping and information management; Consulting (pension)1$147,479
John Hancock Life Insurance CompanyContract Administrator; Investment management1$49,208
Bank of AmericaTrustee (bank, trust company, or similar financial institution)1$48,680
Acadian Asset ManagementInvestment management1$37,208
CBIZ CPAS P.C.Accounting (including auditing)1$32,760
Westfield Capital ManagementTrustee (bank, trust company, or similar financial institution)1$19,216
Fiducient AdvisorsInvestment management1$17,814
Aberdeen Asset Management Inc.Trustee (bank, trust company, or similar financial institution)1$16,569
Ryder Court GlobalAccounting (including auditing)1$13,807
Valic Retirement Services Company—1$9,207
Mondrian Investment PartnersInvestment management1$8,937

Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.

Willis Towers Watson US LLC$147K
John Hancock Life Insurance Company$49K
Bank of America$49K
Acadian Asset Management$37K
CBIZ CPAS P.C.$33K
Westfield Capital Management$19K
Fiducient Advisors$18K
Aberdeen Asset Management Inc.$17K

Questions and answers

How many retirement plans does Care New England have?

2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: The Memorial Hospital Defined Benefit Pension Plan and Trust and Memorial Hospital of Rhode Island Defined Contribution Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.

How much does Care New England contribute to its plans?

$4,537,000 in employer contributions across these plans in their latest plan years, about $15,485 per active participant record. Form 5500 reports totals and not the match or accrual formula.

Who provides services to these plans?

Schedule C filings name Willis Towers Watson US LLC, John Hancock Life Insurance Company, Bank of America and Acadian Asset Management and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.

Where does this come from?

Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.

Provenance

Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.