Other · DOL Form 5500 · 2022

Kennedy Health System Retirement Plan

Data updated 2026-08-25

$297M
Total assets Near avg plan size
3,943
Participants Above avg headcount
97th
Percentile by assets National rank
$75,311
Avg per participant Below avg balance/head
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Official DOL plan name: Jefferson Health New Jersey 403(b) Plan · Sponsored by Kennedy Health System · Pennsylvania · Healthcare & Social Assistance

$297M in assets, 3,943 participants

Kennedy Health System's Jefferson Health New Jersey 403(b) Plan reported $297M in total assets and 3,943 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • #19,481 in Healthcare & Social Assistance (20,060 peers)

Coverage in Pennsylvania

Jefferson Health New Jersey 403(b) Plan covers 3,943 participants in Pennsylvania, 4.8x the typical Pennsylvania plan (state average ~822 per filing). Assets: $297M.

#19,481
in Healthcare & Social Assistance (20,060 peers)
-13.1%
assets change YoY
3.0×
vs typical plan assets (national mean)

The plan reported a net loss of $45M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Jefferson Health New Jersey 403(b) Plan's outsized position by total assets

Jefferson Health New Jersey 403(b) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$296,953,089 Top 3% higher than 97% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Jefferson Health New Jersey 403(b) Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Jefferson Health New Jersey 403(b) Plan lands in the large band (3,943 participants).

EBSA filing schedule strip

Filing strip 221773439 · Kennedy Health System PY 2022 · Other

Jefferson Health New Jersey 403(b) Plan · $297M · 3,943 · 97th

  • PART $297M
  • PART 3,943
  • PART 97th
  • PART Other
  • PART near Genesis Health System Retirement Savings Plan
  • PART ind #19481

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Healthcare & Social Assistance retirement plans → · Plans in Pennsylvania →

Jefferson Health New Jersey 403(b) Plan in the asset neighbourhood

Genesis Health System Retirement Savings PlanGenesis Health System Retire…$297MJefferson Health New Jersey 403(b) PlanJefferson Health New Jersey …$297MRoger Williams University Retirement PlanRoger Williams University Re…$297MElectricians Annuity Plan - IBEW Local 456Electricians Annuity Plan - …$296MNas Salary Reduction Contribution Retirement PlanNas Salary Reduction Contrib…$296M
End-of-year total assets ($M) among Jefferson Health New Jersey 403(b) Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2022.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$342M
Net Assets (End of Year)$297M
Net Income-$45M
Employer EIN221773439
Plan Effective Date1965-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kennedy Health System)

Sponsor-wide plan assets over time

All Kennedy Health System plans reported in each filing year

Latest sponsor-wide plan assets
$400M 34.79792190341552% vs 2022
2024 filing year
$250M$300M$350M$400M$450M 202220232024 $297M $400M ▲ +34.8%
Year Plans Participants Total Assets
2022 1 3,943 $297M
2023 1 4,391 $351M
2024 1 5,069 $400M

Nearby Other Plans in Pennsylvania

Peer Other plans, same state, same plan type, ranked by total assets.

Jefferson Health New Jersey 403(b) Plan vs. nearby Other plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 0246 Total assets ($B) Participants Jefferson Health New Jersey 403(b) Plan, Total assets ($B): 0.296953089 · Participants: 3943Jefferson Health New Jersey 403(b) PlanThe University of Pennsylvania Matching Plan, Total assets ($B): 5.530640141 · Participants: 13262The University of Pennsylvania Matching PlanUpmc 403(b) Retirement Savings Plan, Total assets ($B): 3.456020418 · Participants: 75307Upmc 403(b) Retirement Savings PlanThe University of Pennsylvania Health System 403(b) Retirement Savings Plan, Total assets ($B): 2.490968748 · Participants: 39740The University of Pennsylvania Health System 403(b) Retirement Savings PlanCarnegie Mellon University Faculty and Staff Retirement Plan, Total assets ($B): 2.240167169 · Participants: 6166Carnegie Mellon University Faculty and Staff Retirement PlanJefferson Defined Contribution Retirement Plan, Total assets ($B): 2.11120447 · Participants: 14302Jefferson Defined Contribution Retirement Plan
Jefferson Health New Jersey 403(b) Plan vs. nearby Other plans in Pennsylvania, assets vs. participants

Jefferson Health New Jersey 403(b) Plan's out-of-state Other peers by assets and headcount

Outside Pennsylvania, the nearest Other by assets is Genesis Health System Retirement Savings Plan in IA ($297M); by covered participants it is Garnet Health Medical Center 403(b) Retirement Savings Plan in NY (3,959 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($297M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,943 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Jefferson Health New Jersey 403(b) Plan assets move in 2022?
Jefferson Health New Jersey 403(b) Plan pulled back noticeably - down 13.1% during 2022, from $342M to $297M. Reported net income was -$45M.
How have Kennedy Health System plan assets changed over time?
Across 3 plan years on file (2022-2024), Kennedy Health System's sponsor-wide assets grew 34.8%, from $297M to $400M.
Where does Jefferson Health New Jersey 403(b) Plan rank by assets among Form 5500 filers?
Jefferson Health New Jersey 403(b) Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Other plans are similar in size to Jefferson Health New Jersey 403(b) Plan?
Among Other plans in other states, the closest by assets is Genesis Health System Retirement Savings Plan in IA ($297M, 4,454 participants).
Which Other plans cover a similar participant headcount to Jefferson Health New Jersey 403(b) Plan?
Among Other plans in other states, the closest by covered participants is Garnet Health Medical Center 403(b) Retirement Savings Plan in NY (3,959 participants, $247M in assets).