Profit Sharing · DOL Form 5500 · 2022
Hackensack Meridian Health Profit Sharing Plan
Data updated 2026-08-06
- $252M
- Total assets
- 7,144
- Participants
- 96th
- Percentile by assets
- $35,283
- Avg per participant
Official DOL plan name: Consolidated Defined Contribution Plan of Hackensack Meridian Health · Sponsored by Hackensack Meridian Health · New Jersey · Healthcare & Social Assistance
$252M in assets, 7,144 participants
Hackensack Meridian Health's Consolidated Defined Contribution Plan of Hackensack Meridian Health reported $252M in total assets and 7,144 participants in its 2022 DOL Form 5500 filing, ranking in the 96th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 96th percentile by assets (of 139,258 plans)
- #19,438 in Healthcare & Social Assistance (20,087 peers)
Coverage in New Jersey
Consolidated Defined Contribution Plan of Hackensack Meridian Health covers 7,144 participants in New Jersey, 8.3x the typical New Jersey plan (state average ~865 per filing). Assets: $252M.
- $252M
- total plan assets (2022 EOY)
- 7,144
- covered participants
- 96th
- percentile by assets (of 139,258 plans)
- $35,283
- avg assets per participant
The plan reported a net loss of $58M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs New Jersey filers
In New Jersey, the average filing covers about 865 participants across 3,927 plans. Consolidated Defined Contribution Plan of Hackensack Meridian Health reports 7,144 participants - 8.3x that state average ($252M EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $294M |
|---|---|
| Net Assets (End of Year) | $252M |
| Net Income | -$58M |
| Employer EIN | 223474145 |
| Plan Effective Date | 2011-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Hackensack Meridian Health)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 7 | 61,439 | $4.4B |
| 2023 | 7 | 67,568 | $5.2B |
| 2024 | 4 | 66,927 | $5.9B |
Nearby Profit Sharing Plans in New Jersey
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Consolidated Defined Contribution Plan of Hackensack Meridian Health vs. nearby Profit Sharing plans in New Jersey, assets vs. participants
- Ernst & Young Partnership Retirement (Hr-10) Plan $2.2B · 2,189
- Princeton University Retirement Plan $1.8B · 8,141
- Operating Engineers Local 825 Profit Sharing Fund $1.3B · 10,006
- Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan $1.3B · 8,556
- IBEW Local Union No 102 Surety Plan $593M · 3,061
Scale composition for Consolidated Defined Contribution Plan of Hackensack Meridian Health
Consolidated Defined Contribution Plan of Hackensack Meridian Health reports $252M in end-of-year assets across 7,144 participants (0.002% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.008% of 89,805,449 covered participants) - about $35,283 per participant (26% of the national average assets-per-participant) . Net income for plan year 2022 was -$58M.
This plan identity (EIN 223474145, plan #015) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $252M to $290M (+15.2%) while covered participants moved from 7,144 to 6,983 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,144 | $252M | This page |
| 2023 | 6,826 | $276M | Open filing |
| 2024 · index core | 6,983 | $290M | Open filing |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- Hmh 401(k) Savings Plan (401(k), $2.1B, 35,701 participants)
- Consolidated 403(b) Plan of Hackensack Meridian Health (Other, $1.8B, 16,823 participants)
- Consolidated Pension Plan of Hackensack Meridian Health (Defined Benefit (Pension), $1.7B, 7,420 participants)
- Consolidated Defined Contribution Plan of Hackensack Meridian Health (Profit Sharing, $290M, 6,983 participants)
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Consolidated Defined Contribution Plan of Hackensack Meridian Health by total assets, not by location.
- Pennsylvania Association of Independent Colleges and Universities Multiple Employer Plan (PA) $253M · 1,293
- Fayez Sarofim & Co. Profit Sharing Plan (TX) $250M · 134
- Union Individual Account Retirement Fund (WI) $249M · 2,646
- IBEW Local 150 Supplemental Pension Fund (MI) $248M · 1,286
Frequently Asked Questions
How did Consolidated Defined Contribution Plan of Hackensack Meridian Health assets move in 2022? ▼
How have Hackensack Meridian Health plan assets changed over time? ▼
Where does Consolidated Defined Contribution Plan of Hackensack Meridian Health rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on Consolidated Defined Contribution Plan of Hackensack Meridian Health's numbers.
- By total assets, Consolidated Defined Contribution Plan of Hackensack Meridian Health ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in New Jersey. Compare plans
- Hackensack Meridian Health's sponsor-wide assets have grown 33.1% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans