401(k) · DOL Form 5500 · 2023

New Jersey Manufacturers Insurance Company 401(k) Plan

Data updated 2026-08-11

$787M
Total assets
2,370
Participants
98th
Percentile by assets
$332,110
Avg per participant
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Official DOL plan name: Njm 401(k) Retirement Plan · Sponsored by New Jersey Manufacturers Insurance Company · New Jersey · Finance & Insurance

$787M in assets, 2,370 participants

New Jersey Manufacturers Insurance Company's Njm 401(k) Retirement Plan reported $787M in total assets and 2,370 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 127,072 plans)
  • #8,589 in Finance & Insurance (8,869 peers)

Coverage in New Jersey

Njm 401(k) Retirement Plan covers 2,370 participants in New Jersey, 2.8x the typical New Jersey plan (state average ~844 per filing). Assets: $787M.

$787M
total plan assets (2023 EOY)
2,370
covered participants
98th
percentile by assets (of 127,072 plans)
$332,110
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Njm 401(k) Retirement Plan reported net income rose from -$99M in the plan year 2022 filing to $88M in the plan year 2023 filing.
  • Njm 401(k) Retirement Plan end-of-year assets rose from $699M in the plan year 2022 filing to $787M in the plan year 2023 filing.
  • Njm 401(k) Retirement Plan reported participants fell from 2,406 in the plan year 2022 filing to 2,370 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Njm 401(k) Retirement Plan reports 2,370 participants - 2.8x that state average ($787M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$699M
Net Assets (End of Year)$787M
Net Income$88M
Employer EIN210524225
Plan Effective Date2014-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New Jersey Manufacturers Insurance Company)

$1.4B$1.5B$1.6B$1.7B 202220232024 $1.48B $1.68B ▲ +13.5%
Total plan assets by year, all New Jersey Manufacturers Insurance Company plans on file
Year Plans Participants Total Assets
2022 2 3,827 $1.5B
2023 2 3,697 $1.6B
2024 2 3,657 $1.7B

Nearby 401(k) Plans in New Jersey

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

Njm 401(k) Retirement Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Njm 401(k) Retirement Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Njm 401(k) Retiremen…JPMorgan Chase 401(k…Verizon Savings Plan…Johnson and Johnson …Ernst & Young Retire…Merck US Savings Plan
Njm 401(k) Retirement Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Njm 401(k) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Njm 401(k) Retirement Plan assets move in 2023?
Njm 401(k) Retirement Plan grew at a solid clip - up 12.6% during 2023, from $699M to $787M. Reported net income was $88M.
How have New Jersey Manufacturers Insurance Company plan assets changed over time?
Across 3 plan years on file (2022-2024), New Jersey Manufacturers Insurance Company's sponsor-wide assets grew 12.9%, from $1.5B to $1.7B.
Where does Njm 401(k) Retirement Plan rank by assets among Form 5500 filers?
Njm 401(k) Retirement Plan ranks in the 98th 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 Njm 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Intact USA Retirement Savings Plan in MN ($788M, 1,512 participants).

Filing takeaways

Ways to act on Njm 401(k) Retirement Plan's numbers.