401(k) · DOL Form 5500 · 2023

Johnson and Johnson 401(k) Plan

Data updated 2026-08-25

$22.2B
Total assets Mega-plan scale
41,291
Participants Very large workforce
100th
Percentile by assets National rank
$537,111
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Johnson and Johnson Savings Plan · Sponsored by Johnson and Johnson · New Jersey · Manufacturing

$22.2B in assets, 41,291 participants

Johnson and Johnson's Johnson and Johnson Savings Plan reported $22.2B in total assets and 41,291 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.

  • #18,713 in Manufacturing (18,722 peers)

Coverage in New Jersey

Johnson and Johnson Savings Plan covers 41,291 participants in New Jersey, 49x the typical New Jersey plan (state average ~844 per filing). Assets: $22.2B.

#18,713
in Manufacturing (18,722 peers)
+4.7%
assets growth YoY
223×
vs typical plan assets (national mean)

Johnson and Johnson Savings Plan's outsized position by total assets

Johnson and Johnson Savings Plan vs every filed plan by assets

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

$22,177,853,595 Highest reported value at or above every one 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

Johnson and Johnson Savings Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Johnson and Johnson Savings Plan is a mega filing (41,291 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Johnson and Johnson Savings Plan reported net income rose from -$3.5B in the plan year 2022 filing to $2.0B in the plan year 2023 filing.
  • Johnson and Johnson Savings Plan end-of-year assets rose from $21.2B in the plan year 2022 filing to $22.2B in the plan year 2023 filing.
  • Johnson and Johnson Savings Plan reported participants fell from 43,271 in the plan year 2022 filing to 41,291 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 221024240 · Johnson and Johnson PY 2023 · 401(k)

Johnson and Johnson Savings Plan · $22.2B · 41,291 · 100th

  • 5500 $22.2B
  • ASSETS 41,291
  • PCT 100th
  • EIN 401(k)
  • RANK near Intel 401(k) Savings Plan
  • PHOTO ind #18713

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 →

Johnson and Johnson Savings Plan in the asset neighbourhood

Unitedhealth Group 401(k) Savings PlanUnitedhealth Group 401(k) Sa…$22.4BJohnson and Johnson Savings PlanJohnson and Johnson Savings …$22.2BIntel 401(k) Savings Plan$22.2BExxonmobil Savings Plan$21.9BHca 401(k) Plan$21.5B
End-of-year total assets ($B) among Johnson and Johnson Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$21.2B
Net Assets (End of Year)$22.2B
Net Income$2.0B
Employer EIN221024240
Plan Effective Date1982-06-01
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 401(k) Plans in New Jersey

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

Johnson and Johnson Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000 01020304050 Total assets ($B) Participants Johnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings PlanThe Prudential Employee Savings Plan, Total assets ($B): 10.431819691 · Participants: 16321The Prudential Employee Savings Plan
Johnson and Johnson Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Johnson and Johnson Savings Plan side-by-side with 3 peers →

Scale composition for Johnson and Johnson Savings Plan

Johnson and Johnson Savings Plan reports $22.2B in end-of-year assets across 41,291 participants (0.18% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.044% of 93,925,755 covered participants) - about $537,111 per participant (3.9x the national average assets-per-participant) . Net income for plan year 2023 was $2.0B.

This plan identity (EIN 221024240, plan #100) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $21.2B to $23.6B (+11.3%) while covered participants moved from 43,271 to 42,583 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 43,271 $21.2B Open filing
2023 41,291 $22.2B This page
2024 · index core 42,583 $23.6B Open filing

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

Johnson and Johnson Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Intel 401(k) Savings Plan in CA ($22.2B); by covered participants it is Barrett Business Services, Inc. Retirement Savings Plan in WA (41,106 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($22.2B here).

Similar participant headcount

Nearest other-state filings by covered participants (41,291 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 Johnson and Johnson Savings Plan assets move in 2023? ▼
Johnson and Johnson Savings Plan edged up modestly - up 4.7% during 2023, from $21.2B to $22.2B. Reported net income was $2.0B.
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 Johnson and Johnson Savings Plan rank by assets among Form 5500 filers? ▼
Johnson and Johnson Savings Plan ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Johnson and Johnson Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Intel 401(k) Savings Plan in CA ($22.2B, 59,863 participants).
Which 401(k) plans cover a similar participant headcount to Johnson and Johnson Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Barrett Business Services, Inc. Retirement Savings Plan in WA (41,106 participants, $195M 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.