Profit Sharing · DOL Form 5500 · 2023
Hackensack Meridian Health Profit Sharing Plan
Data updated 2026-08-06
- $276M
- Total assets
- 6,826
- Participants
- 96th
- Percentile by assets
- $40,391
- Avg per participant
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.
- 96th percentile by assets (of 126,618 plans)
- #16,969 in Healthcare & Social Assistance (17,626 peers)
Coverage in New Jersey
Consolidated Defined Contribution Plan of Hackensack Meridian Health covers 6,826 participants in New Jersey, 7.9x the typical New Jersey plan (state average ~865 per filing). Assets: $276M.
- $276M
- total plan assets (2023 EOY)
- 6,826
- covered participants
- 96th
- percentile by assets (of 126,618 plans)
- $40,391
- avg assets per participant
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.
Participants vs New Jersey filers
In New Jersey, the average filing covers about 865 participants across 3,927 plans. Consolidated Defined Contribution Plan of Hackensack Meridian Health reports 6,826 participants - 7.9x that state average ($276M EOY assets).
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)
| 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.
Consolidated Defined Contribution Plan of Hackensack Meridian Health vs. nearby Profit Sharing plans in New Jersey, assets vs. participants
- 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 $11.6T held by all Form 5500 filers in the national rollup , and 0.008% of 89,805,449 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)
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Consolidated Defined Contribution Plan of Hackensack Meridian Health by total assets, not by location.
- 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
Frequently Asked Questions
How did Consolidated Defined Contribution Plan of Hackensack Meridian Health assets move in 2023? ▼
How have Hackensack Meridian Health plan assets changed over time? ▼
Where does Consolidated Defined Contribution Plan of Hackensack Meridian Health rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Consolidated Defined Contribution Plan of Hackensack Meridian Health? ▼
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Filing takeaways
Ways to act on Consolidated Defined Contribution Plan of Hackensack Meridian Health's numbers.
- By total assets, Consolidated Defined Contribution Plan of Hackensack Meridian Health ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing 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