Defined Benefit (Pension) · DOL Form 5500 · 2023

Johnson and Johnson Pension Plan

Data updated 2026-08-25

$519M
Total assets Above avg plan size
943
Participants Near avg headcount
97th
Percentile by assets National rank
$550,136
Avg per participant High balance/head
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Official DOL plan name: Retirement Plan for Union Represented Employees · Sponsored by Johnson and Johnson · New Jersey · Manufacturing

$519M in assets, 943 participants

Johnson and Johnson's Retirement Plan for Union Represented Employees reported $519M in total assets and 943 participants in its 2023 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.

  • #17,959 in Manufacturing (18,722 peers)

Where Retirement Plan for Union Represented Employees sits by assets

Retirement Plan for Union Represented Employees sits in the top 5% of all filed plans by assets, $519M for 943 participants (~$550,136/participant), up 6.1% in 2023.

#17,959
in Manufacturing (18,722 peers)
+6.1%
assets growth YoY
5.2×
vs typical plan assets (national mean)

Retirement Plan for Union Represented Employees's outsized position by total assets

Retirement Plan for Union Represented Employees vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$518,777,957 Top 3% higher than 97% of 127,068 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 2023

Retirement Plan for Union Represented Employees among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Retirement Plan for Union Represented Employees sits mid-pack in the medium band (943 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Retirement Plan for Union Represented Employees reported net income rose from -$136M in the plan year 2022 filing to $30M in the plan year 2023 filing.
  • Retirement Plan for Union Represented Employees reported participants rose from 853 in the plan year 2022 filing to 943 in the plan year 2023 filing.
  • Retirement Plan for Union Represented Employees end-of-year assets rose from $489M in the plan year 2022 filing to $519M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 221024240 · Johnson and Johnson PY 2023 · Defined Benefit (Pension)

Retirement Plan for Union Represented Employees · $519M · 943 · 97th

  • NET $519M
  • NET 943
  • NET 97th
  • NET Defined Benefit (Pension)
  • NET near Discover Financial Services Pension Plan
  • NET ind #17959

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 Manufacturing retirement plans → · Plans in New Jersey →

Retirement Plan for Union Represented Employees in the asset neighbourhood

Old Republic International Employees Retirement PlanOld Republic International E…$521MConagra Brands, Inc. Pension Plan for Hourly Rate Production EmployeesConagra Brands, Inc. Pension…$521MGreif Pension Plan$520MRetirement Plan for Union Represented EmployeesRetirement Plan for Union Re…$519MDiscover Financial Services Pension PlanDiscover Financial Services …$518M
End-of-year total assets ($M) among Retirement Plan for Union Represented Employees and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$489M
Net Assets (End of Year)$518M
Net Income$30M
Employer EIN221024240
Plan Effective Date1949-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Johnson and Johnson)

Sponsor-wide plan assets over time

All Johnson and Johnson plans reported in each filing year

Latest sponsor-wide plan assets
$46.3B 8.602657274734685% vs 2022
2024 filing year
$42B$44B$46B$48B 202220232024 $42.6B $46.3B ▲ +8.6%
Year Plans Participants Total Assets
2022 5 89,338 $42.6B
2023 5 88,565 $45.0B
2024 5 89,848 $46.3B

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Retirement Plan for Union Represented Employees vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Retirement Plan for Union Represented Employees, Total assets ($B): 0.518777957 · Participants: 943Retirement Plan for Union Represented EmployeesRetirement Plan of Johnson and Johnson, Total assets ($B): 21.174819996 · Participants: 37749Retirement Plan of Johnson and JohnsonJPMorgan Chase Retirement Plan, Total assets ($B): 16.279006871 · Participants: 90644JPMorgan Chase Retirement PlanNokia Retirement Income Plan, Total assets ($B): 13.864923 · Participants: 7492Nokia Retirement Income PlanThe Prudential Merged Retirement Plan, Total assets ($B): 12.225782081 · Participants: 16230The Prudential Merged Retirement PlanVerizon Pension Plan for Associates, Total assets ($B): 10.930667796 · Participants: 23778Verizon Pension Plan for Associates
Retirement Plan for Union Represented Employees vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare Retirement Plan for Union Represented Employees side-by-side with 3 peers →

Retirement Plan for Union Represented Employees's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Discover Financial Services Pension Plan in IL ($518M); by covered participants it is Pafmg Cash Balance Plan II in CA (943 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

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

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Retirement Plan for Union Represented Employees assets move in 2023? ▼
Retirement Plan for Union Represented Employees grew at a solid clip - up 6.1% during 2023, from $489M to $519M. Reported net income was $30M.
How have Johnson and Johnson plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Johnson and Johnson's sponsor-wide assets grew 8.6%, from $42.6B to $46.3B.
Where does Retirement Plan for Union Represented Employees rank by assets among Form 5500 filers? ▼
Retirement Plan for Union Represented Employees ranks in the 97th 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 Defined Benefit (Pension) plans are similar in size to Retirement Plan for Union Represented Employees? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Discover Financial Services Pension Plan in IL ($518M, 2,739 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Retirement Plan for Union Represented Employees? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pafmg Cash Balance Plan II in CA (943 participants, $282M in assets).

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 221024240.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.