Plan Snapshot
- Plan Sponsor: Care New England
- Sponsor EIN: 050259004
- Sponsor Address: 111 BREWSTER STREET, PAWTUCKET, RI, 02860
- Plan Type: DB
- Total Participants: 137
- Total Assets: $84.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 137 | $84.1M | $4.5M | $0 |
| 2023 | 144 | $84.5M | $232,500 | $0 |
| 2022 | 167 | $85.2M | $4.2M | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| WILLIS TOWERS WATSON US LLC | Recordkeeper | $147,479 | — | $147,479 |
| JOHN HANCOCK LIFE INSURANCE COMPANY | Recordkeeper | $49,208 | — | $49,208 |
| BANK OF AMERICA | Other Service Provider | $48,680 | — | $48,680 |
| ACADIAN ASSET MANAGEMENT | Other Service Provider | $37,208 | — | $37,208 |
| CBIZ CPAS P.C. | Other Service Provider | $32,760 | — | $32,760 |
| WESTFIELD CAPITAL MANAGEMENT | Other Service Provider | $19,216 | — | $19,216 |
| FIDUCIENT ADVISORS | Other Service Provider | $17,814 | — | $17,814 |
| ABERDEEN ASSET MANAGEMENT INC | Other Service Provider | $16,569 | — | $16,569 |
| RYDER COURT GLOBAL | Auditor | $13,807 | — | $13,807 |
| MONDRIAN INVESTMENT PARTNERS | Other Service Provider | $8,937 | — | $8,937 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON US LLC — Recordkeeper
- JOHN HANCOCK LIFE INSURANCE COMPANY — Recordkeeper
- RYDER COURT GLOBAL — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $391,678
- Estimated Expense Ratio: 0.466% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $1,613,360 | $113,551 | $49,208 | $32,760 | — |
| 2023 | $1,605,565 | $143,841 | $50,160 | $7,743 | — |
| 2022 | $1,489,259 | $159,299 | $51,173 | — | $169,723 |