Defined Benefit (Pension) · DOL Form 5500 · 2022

Hackensack Meridian Health Pension Plan

Data updated 2026-08-11

$1.5B
Total assets
7,867
Participants
99th
Percentile by assets
$191,520
Avg per participant
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Official DOL plan name: Consolidated Pension Plan of Hackensack Meridian Health · Sponsored by Hackensack Meridian Health · New Jersey · Healthcare & Social Assistance

$1.5B in assets, 7,867 participants

Hackensack Meridian Health's Consolidated Pension Plan of Hackensack Meridian Health reported $1.5B in total assets and 7,867 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 139,126 plans)
  • #19,951 in Healthcare & Social Assistance (20,060 peers)

Coverage in New Jersey

Consolidated Pension Plan of Hackensack Meridian Health covers 7,867 participants in New Jersey, 9.3x the typical New Jersey plan (state average ~844 per filing). Assets: $1.5B.

$1.5B
total plan assets (2022 EOY)
7,867
covered participants
99th
percentile by assets (of 139,126 plans)
$191,520
avg assets per participant

The plan reported a net loss of $456M 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 844 participants across 4,145 plans. Consolidated Pension Plan of Hackensack Meridian Health reports 7,867 participants - 9.3x that state average ($1.5B EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$2.0B
Net Assets (End of Year)$1.5B
Net Income-$456M
Employer EIN223474145
Plan Effective Date1968-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hackensack Meridian Health)

$4B$4.5B$5B$5.5B$6B$6.5B 202220232024 $4.43B $5.89B ▲ +33.0%
Total plan assets by year, all Hackensack Meridian Health plans on file
Year Plans Participants Total Assets
2022 7 61,439 $4.4B
2023 7 67,568 $5.2B
2024 4 66,927 $5.9B

Nearby Defined Benefit (Pension) Plans in New Jersey

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Consolidated Pension Plan of Hackensack Meridian Health vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Consolidated Pension Plan of Hackensack Meridian Health vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 050000100000150000 0510152025 Total assets ($B) Participants Consolidated Pension…Retirement Plan of J…JPMorgan Chase Retir…Nokia Retirement Inc…The Prudential Merge…Verizon Pension Plan…
Consolidated Pension Plan of Hackensack Meridian Health vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Scale composition for Consolidated Pension Plan of Hackensack Meridian Health

Consolidated Pension Plan of Hackensack Meridian Health reports $1.5B in end-of-year assets across 7,867 participants (0.012% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $191,520 per participant (1.4x the national average assets-per-participant) . Net income for plan year 2022 was -$456M.

This plan identity (EIN 223474145, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.5B to $1.7B (+10.6%) while covered participants moved from 7,867 to 7,420 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,867 $1.5B This page
2023 7,308 $1.6B Open filing
2024 · index core 7,420 $1.7B Open filing

The same sponsor also keeps 4 other index-core plans on PlainRetire:

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Consolidated Pension Plan of Hackensack Meridian Health by total assets, not by location.

Frequently Asked Questions

How did Consolidated Pension Plan of Hackensack Meridian Health assets move in 2022?
Consolidated Pension Plan of Hackensack Meridian Health declined sharply - down 23.2% during 2022, from $2.0B to $1.5B. Reported net income was -$456M.
How have Hackensack Meridian Health plan assets changed over time?
Across 3 plan years on file (2022-2024), Hackensack Meridian Health's sponsor-wide assets grew 33.1%, from $4.4B to $5.9B.
Where does Consolidated Pension Plan of Hackensack Meridian Health rank by assets among Form 5500 filers?
Consolidated Pension Plan of Hackensack Meridian Health ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Consolidated Pension Plan of Hackensack Meridian Health?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Aon Retirement Pension Plan in IL ($1.5B, 1,928 participants).

Next read for Consolidated Pension Plan of Hackensack …

Filing takeaways

Ways to act on Consolidated Pension Plan of Hackensack Meridian Health's numbers.