Defined Benefit (Pension) · DOL Form 5500 · 2023
Hackensack Meridian Health Pension Plan
Data updated 2026-08-11
- $1.6B
- Total assets
- 7,308
- Participants
- 99th
- Percentile by assets
- $221,288
- Avg per participant
Official DOL plan name: Consolidated Pension Plan of Hackensack Meridian Health · Sponsored by Hackensack Meridian Health · New Jersey · Healthcare & Social Assistance
$1.6B in assets, 7,308 participants
Hackensack Meridian Health's Consolidated Pension Plan of Hackensack Meridian Health reported $1.6B in total assets and 7,308 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 127,072 plans)
- #17,565 in Healthcare & Social Assistance (17,684 peers)
Coverage in New Jersey
Consolidated Pension Plan of Hackensack Meridian Health covers 7,308 participants in New Jersey, 8.7x the typical New Jersey plan (state average ~844 per filing). Assets: $1.6B.
- $1.6B
- total plan assets (2023 EOY)
- 7,308
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $221,288
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Consolidated Pension Plan of Hackensack Meridian Health reported net income rose from -$456M in the plan year 2022 filing to $110M in the plan year 2023 filing.
- Consolidated Pension Plan of Hackensack Meridian Health end-of-year assets rose from $1.5B in the plan year 2022 filing to $1.6B in the plan year 2023 filing.
- Consolidated Pension Plan of Hackensack Meridian Health reported participants fell from 7,867 in the plan year 2022 filing to 7,308 in the plan year 2023 filing.
Participants vs New Jersey filers
In New Jersey, the average filing covers about 844 participants across 4,145 plans. Consolidated Pension Plan of Hackensack Meridian Health reports 7,308 participants - 8.7x that state average ($1.6B EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $1.5B |
|---|---|
| Net Assets (End of Year) | $1.6B |
| Net Income | $110M |
| Employer EIN | 223474145 |
| Plan Effective Date | 1968-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Hackensack Meridian Health)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 7 | 61,439 | $4.4B |
| 2023 | 7 | 67,568 | $5.2B |
| 2024 | 4 | 66,927 | $5.9B |
Nearby Defined Benefit (Pension) Plans in New Jersey
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Consolidated Pension Plan of Hackensack Meridian Health vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
- Retirement Plan of Johnson and Johnson $21.2B · 37,749
- JPMorgan Chase Retirement Plan $16.3B · 90,644
- Nokia Retirement Income Plan $13.9B · 7,492
- The Prudential Merged Retirement Plan $12.2B · 16,230
- Verizon Pension Plan for Associates $10.9B · 23,778
Scale composition for Consolidated Pension Plan of Hackensack Meridian Health
Consolidated Pension Plan of Hackensack Meridian Health reports $1.6B in end-of-year assets across 7,308 participants (0.013% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $221,288 per participant (1.6x the national average assets-per-participant) . Net income for plan year 2023 was $110M.
This plan identity (EIN 223474145, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.5B to $1.7B (+10.6%) while covered participants moved from 7,867 to 7,420 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,867 | $1.5B | Open filing |
| 2023 | 7,308 | $1.6B | This page |
| 2024 · index core | 7,420 | $1.7B | Open filing |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- Hmh 401(k) Savings Plan (401(k), $2.1B, 35,701 participants)
- Consolidated 403(b) Plan of Hackensack Meridian Health (Other, $1.8B, 16,823 participants)
- Consolidated Pension Plan of Hackensack Meridian Health (Defined Benefit (Pension), $1.7B, 7,420 participants)
- Consolidated Defined Contribution Plan of Hackensack Meridian Health (Profit Sharing, $290M, 6,983 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Consolidated Pension Plan of Hackensack Meridian Health by total assets, not by location.
- Afscme Employees Pension Plan (DC) $1.6B · 1,668
- Indiana/Kentucky/Ohio Regional Council of Carpenters Pension Fund (MI) $1.6B · 4,876
- Teamsters Local 639 - Employers Pension Trust Fund (DC) $1.6B · 4,128
- General Mills Pension Plan (MN) $1.6B · 6,374
Frequently Asked Questions
How did Consolidated Pension Plan of Hackensack Meridian Health assets move in 2023? ▼
How have Hackensack Meridian Health plan assets changed over time? ▼
Where does Consolidated Pension Plan of Hackensack Meridian Health rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Consolidated Pension Plan of Hackensack Meridian Health? ▼
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Filing takeaways
Ways to act on Consolidated Pension Plan of Hackensack Meridian Health's numbers.
- By total assets, Consolidated Pension Plan of Hackensack Meridian Health ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New Jersey. Compare plans
- Hackensack Meridian Health's sponsor-wide assets have grown 33.1% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans