Original filing (PDF)20251014123934NAL0001392227001

NEW ENGLAND LIFE CARE, INC.

Name: NEW ENGLAND LIFE CARE, INC. — NEW ENGLAND LIFE CARE, INC. 403(B) RETIREMENT PLAN, Form 5500 (2024)
Creator: NEW ENGLAND LIFE CARE, INC.

Form 5500

FILING_RECEIVED

NEW ENGLAND LIFE CARE, INC. 403(B) RETIREMENT PLAN

403(b) retirement plan

Signals · 1

Corrective distributions issued

Active participants

498

Accounts w/ balance

385

Plan assets (EOY)

$30.1M

Net assets (EOY)

$30.1M

How this plan invests

This plan

39 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Average plan with room to improve

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

Corrective distributions issued (likely failed ADP/ACP testing).
Low account-holder ratio — balance-holders per active participant in the bottom quartile of peers (14th percentile).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for NEW ENGLAND LIFE CARE, INC..

Plan sponsor

Name

NEW ENGLAND LIFE CARE, INC.

EIN

22-3195337

Address

45 CENTER STREET · SUITE A · SCARBOROUGH, ME · 04074

Phone

(207) 321-6352

Industry

Health Care & Social Assistancesee all

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-14

Pension benefit codes

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2L · 403(b)(1) annuity

2M · 403(b)(7) custodial accounts

2T · Default investment account (QDIA)

Audit & trust (Schedule H)

Auditor

BDMP ASSURANCE, LLP

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

2 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
TRANSAMERICA RETIREMENT SOLUTIONS	13-3689044	—	RECORD KEEPER	$61K	—

Advisor / Consultant

Name	EIN	Location	Relation	Direct comp	Indirect comp
OSAIC WEALTH, INC.	93-0987232	—	ADVISOR	$79K	—

Investments

39 direct securities· $30.0M(100% of reported assets)

Other securities

$28.0M

34 holdings

Common Stock

$1.3M

2 holdings

Bonds / Notes

$380K

1 holding

Cash / Money Market

$142K

1 holding

U.S. Treasuries

$87K

1 holding

					% of plan
Fidelity Freedom Index 2040 Mutual Fund	Other securities	—	—	$3.3M	11.0%
Fidelity 500 Index Mutual Fund	Other securities	—	—	$3.0M	10.1%
Fidelity Frdm Idx 2050 Instl Prem	Other securities	—	—	$2.2M	7.5%
Putnam Large Cap Growth R6 Mutual Fund	Other securities	—	—	$2.0M	6.5%
Fidelity Frdm Idx 2030 Instl Prem	Other securities	—	—	$1.9M	6.4%
Fidelity Frdm Idx 2045 Instl Prem	Other securities	—	—	$1.7M	5.5%
Fidelity Frdm Idx 2035 Instl Prem	Other securities	—	—	$1.4M	4.7%
Fidelity Frdm Idx 2025 Instl Prem	Other securities	—	—	$1.4M	4.5%
Transamerica Life Ins Co Transamerica Guaranteed Inv Option	Common Stock	—	—	$1.3M	4.2%
Fidelity Mid Cap Index Mutual Fund	Other securities	—	—	$1.2M	4.0%
Columbia Dividend Income Inst 3 Mutual Fund	Other securities	—	—	$1.2M	3.9%
MFS Mid Cap Growth R6 Mutual Fund	Other securities	—	—	$987K	3.3%
American Funds New World R6 Mutual Fund	Other securities	—	—	$886K	2.9%
Vanguard Growth Index Adm Mutual Fund	Other securities	—	—	$831K	2.8%
Guggenheim Total Return Bond R6 Mutual Fund	Other securities	—	—	$740K	2.5%
Fidelity Frdm Idx 2055 Instl Prem	Other securities	—	—	$729K	2.4%
Fidelity International Index Mutual Fund	Other securities	—	—	$543K	1.8%
Franklin Small Cap Value R6 Mutual Fund	Other securities	—	—	$508K	1.7%
Fidelity Small Cap Index Mutual Fund	Other securities	—	—	$427K	1.4%
Vanguard Real Estate Index Adm Mutual Fund	Other securities	—	—	$420K	1.4%
American Funds Inflation Linked Bond R6 Mutual Fund	Other securities	—	—	$417K	1.4%
maturing in 2025 * Notes receivable from participants through 2031 0	Other securities	—	—	$381K	1.3%
Participants Notes Receivable with interest rates of 5.25% to 10.50%	Bonds / Notes	—	—	$380K	1.3%
MFS Research International R6 Mutual Fund	Other securities	—	—	$356K	1.2%
Fidelity Freedom Index 2060 Mutual Fund	Other securities	—	—	$298K	1.0%
Vanguard Explorer Adm Mutual Fund	Other securities	—	—	$254K	0.8%
Vanguard Equity-Income Adm Mutual Fund	Other securities	—	—	$183K	0.6%
Fidelity Frdm Idx 2020 Instl Prem	Other securities	—	—	$170K	0.6%
Fidelity Total Market Index Mutual Fund	Other securities	—	—	$153K	0.5%
State St I US Govt Money Market Premier Mutual Fund	Cash / Money Market	—	—	$142K	0.5%
Fidelity Freedom Index 2065 Mutual Fund	Other securities	—	—	$90K	0.3%
Fidelity Short-Term Treasury Bond Index Mutual Fund	U.S. Treasuries	—	—	$87K	0.3%
T. Rowe Price Mid-Cap Value I Mutual Fund	Other securities	—	—	$85K	0.3%
Vanguard Short-Term Investment-Grade Adm Mutual Fund	Other securities	—	—	$74K	0.2%
American Funds New Perspective R6 Mutual Fund	Other securities	—	—	$72K	0.2%
Fidelity Freedom Index Inc Instl Prem Mutual Fund	Common Stock	—	—	$63K	0.2%
Vanguard Total Intl Bond Index Adm Mutual Fund	Other securities	—	—	$53K	0.2%
PIMCO Short-Term Instl Mutual Fund	Other securities	—	—	$35K	0.1%
Vanguard Short-Term Federal Adm Mutual Fund	Other securities	—	—	$34K	0.1%