Care New England 403(b) match, vesting and fees
What Care New England's 403(b) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Valic Retirement Services Company | Schedule C ↗ |
| Independent auditor | Cbiz Cpas PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 218 defined-contribution plans in health care and social assistance with 5,000 to 9,999 participants.
| Care New England: employer contribution per participant | $2,556 | |
| Peer median | $1,895 |
| Care New England: average balance | $71,125 | |
| Peer median | $71,034 |
| Care New England: admin expenses ÷ assets | 0.10% | |
| Peer median | 0.10% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $485M at the end of plan year 2021 to $570M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 11,039 | $570M | $20.5M | $2,556 | 0.10% | Not published | Form 5500 ↗ |
| 2023 | 10,422 | $516M | $19.8M | $2,613 | 0.12% | Not published | Form 5500 ↗ |
| 2022 | 10,232 | $427M | $19.3M | $2,689 | 0.12% | Not published | Form 5500 ↗ |
| 2021 | 10,527 | $485M | $18.7M | $2,357 | 0.12% | Not published | Form 5500 ↗ |
Other Care New England plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Care New England Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Willis Towers Watson US LLC | Schedule C ↗ |
| Independent auditor | Cbiz Cpas P.C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Care New England match 401(k) contributions?
The match terms for the Care New England 403(b) Match & Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $20.5M in employer contributions, about $2,556 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Care New England 401(k) match vested?
The vesting schedule for the Care New England 403(b) Match & Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Care New England 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Valic Retirement Services Company. The plan administrator is Care New England.
I left Care New England. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Care New England, (401) 680-4400) or the recordkeeper, Valic Retirement Services Company. The Care New England old 401(k) page lists the contacts from every plan filing. Find an old Care New England 401(k)
Data from the public Form 5500 annual reports Care New England filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Care New England. Not financial advice. Report a correction · Methodology