Profit Sharing · DOL Form 5500 · 2023
Hackensack Meridian Health Profit Sharing Plan
Data updated 2026-08-25
- $276M
- Total assets Near avg plan size
- 6,826
- Participants Above avg headcount
- 96th
- Percentile by assets National rank
- $40,391
- Avg per participant Low balance/head
Official DOL plan name: Consolidated Defined Contribution Plan of Hackensack Meridian Health · Sponsored by Hackensack Meridian Health · New Jersey · Healthcare & Social Assistance
$276M in assets, 6,826 participants
Hackensack Meridian Health's Consolidated Defined Contribution Plan of Hackensack Meridian Health reported $276M in total assets and 6,826 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.
- #17,027 in Healthcare & Social Assistance (17,684 peers)
Coverage in New Jersey
Consolidated Defined Contribution Plan of Hackensack Meridian Health covers 6,826 participants in New Jersey, 8.1x the typical New Jersey plan (state average ~844 per filing). Assets: $276M.
- #17,027
- in Healthcare & Social Assistance (17,684 peers)
- +9.4%
- assets growth YoY
- 2.8×
- vs typical plan assets (national mean)
Consolidated Defined Contribution Plan of Hackensack Meridian Health's outsized position by total assets
Consolidated Defined Contribution Plan of Hackensack Meridian Health vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$275,709,669 Top 4% higher than 96% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Consolidated Defined Contribution 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 Defined Contribution Plan of Hackensack Meridian Health lands in the large band (6,826 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Consolidated Defined Contribution Plan of Hackensack Meridian Health reported net income rose from -$58M in the plan year 2022 filing to $22M in the plan year 2023 filing.
- Consolidated Defined Contribution Plan of Hackensack Meridian Health end-of-year assets rose from $252M in the plan year 2022 filing to $276M in the plan year 2023 filing.
- Consolidated Defined Contribution Plan of Hackensack Meridian Health reported participants fell from 7,144 in the plan year 2022 filing to 6,826 in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 223474145 · Hackensack Meridian Health PY 2023 · Profit Sharing
Consolidated Defined Contribution Plan of Hackensack Meridian Health · $276M · 6,826 · 96th
- TYPE $276M
- NET 6,826
- BOOK 96th
- VS-ST Profit Sharing
- BOY near American Institutes for Research Tax Deferred Annuity Plan
- SCH ind #17027
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 Defined Contribution Plan of Hackensack Meridian Health in the asset neighbourhood
New Jersey filing particulars
| Total Assets (Beginning of Year) | $252M |
|---|---|
| Net Assets (End of Year) | $276M |
| Net Income | $22M |
| Employer EIN | 223474145 |
| Plan Effective Date | 2011-01-01 |
| Filing Status | FILING 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
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 7 | 61,439 | $4.4B |
| 2023 | 7 | 67,568 | $5.2B |
| 2024 | 4 | 66,927 | $5.9B |
Nearby Profit Sharing Plans in New Jersey
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Ernst & Young Partnership Retirement (Hr-10) Plan $2.5B · 1,843
- Operating Engineers Local 825 Profit Sharing Fund $1.4B · 10,336
- Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan $1.4B · 8,602
- IBEW Local Union No 102 Surety Plan $637M · 2,283
- Kpmg Partner Retirement Savings Plan $529M · 1,895
Scale composition for Consolidated Defined Contribution Plan of Hackensack Meridian Health
Consolidated Defined Contribution Plan of Hackensack Meridian Health reports $276M in end-of-year assets across 6,826 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $40,391 per participant (29% of the national average assets-per-participant) . Net income for plan year 2023 was $22M.
This plan identity (EIN 223474145, plan #015) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $252M to $290M (+15.2%) while covered participants moved from 7,144 to 6,983 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,144 | $252M | Open filing |
| 2023 | 6,826 | $276M | This page |
| 2024 · index core | 6,983 | $290M | 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)
Consolidated Defined Contribution Plan of Hackensack Meridian Health's out-of-state Profit Sharing peers by assets and headcount
Outside New Jersey, the nearest Profit Sharing by assets is American Institutes for Research Tax Deferred Annuity Plan in VA ($277M); by covered participants it is United Food and Commercial Workers Local 1500 Annuity Plan in NY (6,904 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($276M here).
- American Institutes for Research Tax Deferred Annuity Plan (VA) $277M · 1,521
- Pipe Fitters Local No 533 Individual Account Plan (MO) $274M · 1,302
- Clarios Retirement Savings and Investment Plan (WI) $278M · 4,856
- IBEW Local 150 Supplemental Pension Fund (KY) $279M · 1,293
Similar participant headcount
Nearest other-state filings by covered participants (6,826 participants); asset peers above are excluded.
- United Food and Commercial Workers Local 1500 Annuity Plan (NY) 6,904 · 78 off
- Northern Illinois Annuity Fund (WA) 6,943 · 117 off
- University of Maryland Medical System 401(a) Defined Contribution Plan (MD) 6,953 · 127 off
- Golub Corporation Profit Sharing Plan (NY) 6,678 · 148 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.