401(k) · DOL Form 5500 · 2023

Johnson and Johnson 401(k) Plan

Data updated 2026-08-11

$500M
Total assets
4,990
Participants
97th
Percentile by assets
$100,211
Avg per participant
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Official DOL plan name: Johnson and Johnson Retirement Savings Plan · Sponsored by Johnson and Johnson · New Jersey · Manufacturing

$500M in assets, 4,990 participants

Johnson and Johnson's Johnson and Johnson Retirement Savings Plan reported $500M in total assets and 4,990 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.

  • 97th percentile by assets (of 127,072 plans)
  • #17,936 in Manufacturing (18,722 peers)

Coverage in New Jersey

Johnson and Johnson Retirement Savings Plan covers 4,990 participants in New Jersey, 5.9x the typical New Jersey plan (state average ~844 per filing). Assets: $500M.

$500M
total plan assets (2023 EOY)
4,990
covered participants
97th
percentile by assets (of 127,072 plans)
$100,211
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Johnson and Johnson Retirement Savings Plan reported net income rose from -$72M in the plan year 2022 filing to $30M in the plan year 2023 filing.
  • Johnson and Johnson Retirement Savings Plan reported participants rose from 3,858 in the plan year 2022 filing to 4,990 in the plan year 2023 filing.
  • Johnson and Johnson Retirement Savings Plan end-of-year assets fell from $511M in the plan year 2022 filing to $500M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Johnson and Johnson Retirement Savings Plan reports 4,990 participants - 5.9x that state average ($500M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$511M
Net Assets (End of Year)$499M
Net Income$30M
Employer EIN221024240
Plan Effective Date1990-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Johnson and Johnson)

$42B$44B$46B$48B 202220232024 $42.6B $46.3B ▲ +8.6%
Total plan assets by year, all Johnson and Johnson plans on file
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 Retirement Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Johnson and Johnson Retirement Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Johnson and Johnson …JPMorgan Chase 401(k…Verizon Savings Plan…Johnson and Johnson …Ernst & Young Retire…Merck US Savings Plan
Johnson and Johnson Retirement Savings 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 Johnson and Johnson Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Johnson and Johnson Retirement Savings Plan assets move in 2023?
Johnson and Johnson Retirement Savings Plan edged down modestly - down 2.2% during 2023, from $511M to $500M. 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 Johnson and Johnson Retirement Savings Plan rank by assets among Form 5500 filers?
Johnson and Johnson Retirement Savings Plan 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 401(k) plans are similar in size to Johnson and Johnson Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Western & Southern Financial Group Employee Retirement 401(k) Savings Plan in OH ($500M, 3,012 participants).

Next read for Johnson and Johnson Retirement Savings P…

Filing takeaways

Ways to act on Johnson and Johnson Retirement Savings Plan's numbers.

  • By total assets, Johnson and Johnson 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
  • Johnson and Johnson's sponsor-wide assets have grown 8.6% since 2022 across 3 plan years on file. More Manufacturing plans