401(k) · DOL Form 5500 · 2023

South Jersey Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$219M
Total assets Near avg plan size
1,236
Participants Near avg headcount
95th
Percentile by assets National rank
$177,471
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: South Jersey Industries, Inc. 401(k) Plan · Sponsored by South Jersey Industries, Inc. · New Jersey · Utilities

$219M in assets, 1,236 participants

South Jersey Industries, Inc.'s South Jersey Industries, Inc. 401(k) Plan reported $219M in total assets and 1,236 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #528 in Utilities (721 peers)

Utilities sector rank

Within Utilities, South Jersey Industries, Inc. 401(k) Plan ranks #528 of 721 2023 filers by assets (245% of the sector average)-$219M for 1,236 participants.

#528
in Utilities (721 peers)
+3.5%
assets growth YoY
2.2×
vs typical plan assets (national mean)

South Jersey Industries, Inc. 401(k) Plan's outsized position by total assets

South Jersey Industries, Inc. 401(k) Plan vs every filed plan by assets

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

$219,353,768 Top 5% higher than 95% 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

South Jersey Industries, Inc. 401(k) Plan'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. South Jersey Industries, Inc. 401(k) Plan lands in the large band (1,236 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • South Jersey Industries, Inc. 401(k) Plan reported net income rose from -$8M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • South Jersey Industries, Inc. 401(k) Plan end-of-year assets rose from $212M in the plan year 2022 filing to $219M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 221901645 · South Jersey Industries, Inc. PY 2023 · 401(k)

South Jersey Industries, Inc. 401(k) Plan · $219M · 1,236 · 95th

  • PCT $219M
  • PCT 1,236
  • PCT 95th
  • PCT 401(k)
  • PCT near Elevate Textiles 401(k) Retirement Plan
  • PCT ind #528

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 Utilities retirement plans → · Plans in New Jersey →

South Jersey Industries, Inc. 401(k) Plan in the asset neighbourhood

Elevate Textiles 401(k) Retirement PlanElevate Textiles 401(k) Reti…$219MSouth Jersey Industries, Inc. 401(k) PlanSouth Jersey Industries, Inc…$219MThe Ethan Allen Retirement Savings PlanThe Ethan Allen Retirement S…$219MZbi Multiple Employer 401(k) Retirement PlanZbi Multiple Employer 401(k)…$219MMto 401(k) Profit Sharing PlanMto 401(k) Profit Sharing Pl…$219M
End-of-year total assets ($M) among South Jersey Industries, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Utilities filing particulars

Total Assets (Beginning of Year)$212M
Net Assets (End of Year)$219M
Net Income$7M
Employer EIN221901645
Plan Effective Date1957-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (South Jersey Industries, Inc.)

Sponsor-wide plan assets over time

All South Jersey Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$535M 11.163945260975707% vs 2022
2024 filing year
$460M$480M$500M$520M$540M$560M 202220232024 $482M $535M ▲ +11.2%
Year Plans Participants Total Assets
2022 4 1,587 $482M
2023 4 1,559 $513M
2024 4 1,527 $535M

Nearby 401(k) Plans in New Jersey

Peer 401(k) plans, same state, same plan type, ranked by total assets.

South Jersey Industries, Inc. 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants South Jersey Industries, Inc. 401(k) Plan, Total assets ($B): 0.219353768 · Participants: 1236South Jersey Industries, Inc. 401(k) PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
South Jersey Industries, Inc. 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare South Jersey Industries, Inc. 401(k) Plan side-by-side with 3 peers →

South Jersey Industries, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Elevate Textiles 401(k) Retirement Plan in NC ($219M); by covered participants it is American Medical Association Retirement & Savings Plan in IL (1,236 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($219M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,236 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 South Jersey Industries, Inc. 401(k) Plan assets move in 2023? ▼
South Jersey Industries, Inc. 401(k) Plan edged up modestly - up 3.5% during 2023, from $212M to $219M. Reported net income was $7M.
How have South Jersey Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), South Jersey Industries, Inc.'s sponsor-wide assets grew 11.2%, from $482M to $535M.
Where does South Jersey Industries, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
South Jersey Industries, Inc. 401(k) Plan ranks in the 95th 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 South Jersey Industries, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Elevate Textiles 401(k) Retirement Plan in NC ($219M, 2,560 participants).
Which 401(k) plans cover a similar participant headcount to South Jersey Industries, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is American Medical Association Retirement & Savings Plan in IL (1,236 participants, $364M 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 221901645.

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.