Defined Benefit (Pension) · DOL Form 5500 · 2023

Hackensack Meridian Health Pension Plan

Data updated 2026-08-25

$1.6B
Total assets Very large vs avg
7,308
Participants Very large workforce
99th
Percentile by assets National rank
$221,288
Avg per participant Above avg balance/head
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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.

  • #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.

#17,565
in Healthcare & Social Assistance (17,684 peers)
+7.3%
assets growth YoY
16×
vs typical plan assets (national mean)

Consolidated Pension Plan of Hackensack Meridian Health's outsized position by total assets

Consolidated Pension Plan of Hackensack Meridian Health vs every filed plan by assets

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

$1,617,170,755 Top 1% higher than 99% 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

Consolidated Pension Plan of Hackensack Meridian Health's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Consolidated Pension Plan of Hackensack Meridian Health lands in the large band (7,308 participants).

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.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 223474145 · Hackensack Meridian Health PY 2023 · Defined Benefit (Pension)

Consolidated Pension Plan of Hackensack Meridian Health · $1.6B · 7,308 · 99th

  • BOOK $1.6B
  • BOOK 7,308
  • BOOK 99th
  • BOOK Defined Benefit (Pension)
  • BOOK near Afscme Employees Pension Plan
  • BOOK ind #17565

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 Healthcare & Social Assistance retirement plans → · Plans in New Jersey →

Consolidated Pension Plan of Hackensack Meridian Health in the asset neighbourhood

Teamsters Local 639 - Employers Pension Trust FundTeamsters Local 639 - Employ…$1.6BGeneral Mills Pension Plan$1.6BConsolidated Pension Plan of Hackensack Meridian HealthConsolidated Pension Plan of…$1.6BAfscme Employees Pension Plan$1.6BIndiana/Kentucky/Ohio Regional Council of Carpenters Pension FundIndiana/Kentucky/Ohio Region…$1.6B
End-of-year total assets ($B) among Consolidated Pension Plan of Hackensack Meridian Health and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$1.5B
Net Assets (End of Year)$1.6B
Net Income$110M
Employer EIN223474145
Plan Effective Date1968-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hackensack Meridian Health)

Sponsor-wide plan assets over time

All Hackensack Meridian Health plans reported in each filing year

Latest sponsor-wide plan assets
$5.9B 33.09206339506898% vs 2022
2024 filing year
$4B$4.5B$5B$5.5B$6B$6.5B 202220232024 $4.43B $5.89B ▲ +33.0%
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 Scatter plot of 6 data points. 020000400006000080000100000 0510152025 Total assets ($B) Participants Consolidated Pension Plan of Hackensack Meridian Health, Total assets ($B): 1.617170755 · Participants: 7308Consolidated Pension Plan of Hackensack Meridian HealthRetirement 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
Consolidated Pension Plan of Hackensack Meridian Health vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare Consolidated Pension Plan of Hackensack Meridian Health side-by-side with 3 peers →

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:

Consolidated Pension Plan of Hackensack Meridian Health's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Afscme Employees Pension Plan in DC ($1.6B); by covered participants it is Electrical Workers Local No. 26 Pension Fund in MD (7,302 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.6B here).

Similar participant headcount

Nearest other-state filings by covered participants (7,308 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 Consolidated Pension Plan of Hackensack Meridian Health assets move in 2023? ▼
Consolidated Pension Plan of Hackensack Meridian Health grew at a solid clip - up 7.3% during 2023, from $1.5B to $1.6B. Reported net income was $110M.
How have Hackensack Meridian Health plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hackensack Meridian Health's sponsor-wide assets grew 33.1%, from $4.4B to $5.9B.
Where does Consolidated Pension Plan of Hackensack Meridian Health rank by assets among Form 5500 filers? ▼
Consolidated Pension Plan of Hackensack Meridian Health ranks in the 99th 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 Defined Benefit (Pension) plans are similar in size to Consolidated Pension Plan of Hackensack Meridian Health? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Afscme Employees Pension Plan in DC ($1.6B, 1,668 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Consolidated Pension Plan of Hackensack Meridian Health? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Electrical Workers Local No. 26 Pension Fund in MD (7,302 participants, $942M 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 223474145.

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.