401(k) · DOL Form 5500 · 2023

New Jersey Resources Corporation 401(k) Plan

Data updated 2026-08-11

$331M
Total assets: 1,305
Participants: 96th
Percentile by assets: $253,311
Avg per participant

Official DOL plan name: New Jersey Resources Corporation Employees' Retirement Savings Plan · Sponsored by New Jersey Resources Corporation · New Jersey · Finance & Insurance

$331M in assets, 1,305 participants

New Jersey Resources Corporation's New Jersey Resources Corporation Employees' Retirement Savings Plan reported $331M in total assets and 1,305 participants in its 2023 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 127,072 plans)
#8,342 in Finance & Insurance (8,869 peers)

Where New Jersey Resources Corporation Employees' Retirement Savings Plan sits by assets

New Jersey Resources Corporation Employees' Retirement Savings Plan sits in the top 5% of all filed plans by assets, $331M for 1,305 participants (~$253,311/participant), up 11.9% in 2023.

$331M
total plan assets (2023 EOY): 1,305
covered participants: 96th
percentile by assets (of 127,072 plans): $253,311
avg assets per participant

New Jersey Resources Corporation Employees' Retirement Savings Plan reported net income rose from -$36M in the plan year 2022 filing to $35M in the plan year 2023 filing.
New Jersey Resources Corporation Employees' Retirement Savings Plan end-of-year assets rose from $295M in the plan year 2022 filing to $331M in the plan year 2023 filing.
New Jersey Resources Corporation Employees' Retirement Savings Plan reported participants rose from 1,257 in the plan year 2022 filing to 1,305 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

New Jersey

Industry

Finance & Insurance

New Jersey Resources Corporation Employees' Retirement Savings Plan vs the 2023 asset distribution

By assets, New Jersey Resources Corporation Employees' Retirement Savings Plan outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 3.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$295M
Net Assets (End of Year)	$331M
Net Income	$35M
Employer EIN	222376465
Plan Effective Date	1984-10-01
Filing Status	FILING RECEIVED

Sponsor Plan History (New Jersey Resources Corporation)

Total plan assets by year, all New Jersey Resources Corporation plans on file

Year	Plans	Participants	Total Assets
2022	1	1,257	$295M
2023	1	1,305	$331M
2024	1	1,356	$360M

Nearby 401(k) Plans in New Jersey

Peer 401(k) plans, same state, same plan type, ranked by total assets.

New Jersey Resources Corporation Employees' Retirement Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

JPMorgan Chase 401(k) Savings Plan $44.6B · 176,610
Verizon Savings Plan for Management Employees $27.8B · 78,072
Johnson and Johnson Savings Plan $22.2B · 41,291
Ernst & Young Retirement Savings Plan $15.5B · 59,346
Merck US Savings Plan $13.4B · 26,850

Compare New Jersey Resources Corporation Employe… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to New Jersey Resources Corporation Employees' Retirement Savings Plan by total assets, not by location.

Orthocarolina 401(k)and Profit Sharing Plan (NC) $330M · 1,611
Cgg 401(k) Retirement Plan (TX) $331M · 520
Accession Risk Management Group 401(k)Plan (MA) $330M · 2,308
Metropolitan Anesthesia Network Profit Sharing Plan (MN) $330M · 528

Frequently Asked Questions

How did New Jersey Resources Corporation Employees' Retirement Savings Plan assets move in 2023? ▼

New Jersey Resources Corporation Employees' Retirement Savings Plan grew at a solid clip - up 11.9% during 2023, from $295M to $331M. Reported net income was $35M.

How have New Jersey Resources Corporation plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), New Jersey Resources Corporation's sponsor-wide assets grew 22.0%, from $295M to $360M.

Where does New Jersey Resources Corporation Employees' Retirement Savings Plan rank by assets among Form 5500 filers? ▼

New Jersey Resources Corporation Employees' Retirement Savings Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which 401(k) plans are similar in size to New Jersey Resources Corporation Employees' Retirement Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Orthocarolina 401(k)and Profit Sharing Plan in NC ($330M, 1,611 participants).

Next read for New Jersey Resources Corporation Employe…

Scale reading

Ways to act on New Jersey Resources Corporation Employees' Retirement Savings Plan's numbers.

By total assets, New Jersey Resources Corporation Employees' Retirement Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in New Jersey. Compare plans
New Jersey Resources Corporation's sponsor-wide assets have grown 22.0% since 2022 across 3 plan years on file. More Finance & Insurance plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 222376465.