2023 Form 5500 filing — New England Life Care, Inc. 403(B) Retirement Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241014062227NAL0043701856001) for New England Life Care, Inc. 403(B) Retirement Plan, reported by New England Life Care, Inc. under EIN 22-3195337 and plan number 001. It reports 575 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014062227NAL0043701856001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- New England Life Care, Inc.
- EIN
- 22-3195337
- Plan number
- 001
- Location
- Scarborough, ME
- Participants
- 575
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $26,237,250
- Net assets (EOY)
- $26,237,250
- Employer contributions
- $923,123
- Participant contributions
- $2,448,257
- Total income / additions
- $7,312,687
- Benefits paid
- $2,514,263
- Administrative expenses
- $74,995
- Total expenses
- $2,589,258
- Net increase / (decrease)
- $4,723,429
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions | RECORD KEEPER | $50,463 | $0 |
| Osaic Wealth, Inc. | ADVISOR | $24,532 | not reported in the loaded dataset |