401(k) · DOL Form 5500 · 2023
Hackensack Meridian Health 401(k) Plan
Data updated 2026-08-11
- $1.6B
- Total assets
- 33,552
- Participants
- 99th
- Percentile by assets
- $47,790
- Avg per participant
Official DOL plan name: Hmh 401(k) Savings Plan · Sponsored by Hackensack Meridian Health · New Jersey · Healthcare & Social Assistance
$1.6B in assets, 33,552 participants
Hackensack Meridian Health's Hmh 401(k) Savings Plan reported $1.6B in total assets and 33,552 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)
- #17,563 in Healthcare & Social Assistance (17,684 peers)
Coverage in New Jersey
Hmh 401(k) Savings Plan covers 33,552 participants in New Jersey, 40x the typical New Jersey plan (state average ~844 per filing). Assets: $1.6B.
- $1.6B
- total plan assets (2023 EOY)
- 33,552
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $47,790
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Hmh 401(k) Savings Plan reported net income rose from $109M in the plan year 2022 filing to $490M in the plan year 2023 filing.
- Hmh 401(k) Savings Plan end-of-year assets rose from $1.0B in the plan year 2022 filing to $1.6B in the plan year 2023 filing.
- Hmh 401(k) Savings Plan reported participants rose from 25,813 in the plan year 2022 filing to 33,552 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. Hmh 401(k) Savings Plan reports 33,552 participants - 40x that state average ($1.6B EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $1.0B |
|---|---|
| Net Assets (End of Year) | $1.6B |
| Net Income | $490M |
| Employer EIN | 223474145 |
| Plan Effective Date | 2019-01-01 |
| 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 401(k) Plans in New Jersey
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Hmh 401(k) Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
- JPMorgan Chase 401(k) Savings Plan $44.6B · 176,610
- Verizon Savings Plan for Management Employees $27.8B · 78,072
- Johnson and Johnson Savings Plan $22.2B · 41,291
- Ernst & Young Retirement Savings Plan $15.5B · 59,346
- Merck US Savings Plan $13.4B · 26,850
Scale composition for Hmh 401(k) Savings Plan
Hmh 401(k) Savings Plan reports $1.6B in end-of-year assets across 33,552 participants (0.013% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.036% of 93,925,755 covered participants) - about $47,790 per participant (35% of the national average assets-per-participant) . Net income for plan year 2023 was $490M.
This plan identity (EIN 223474145, plan #011) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.0B to $2.1B (+108.6%) while covered participants moved from 25,813 to 35,701 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 25,813 | $1.0B | Open filing |
| 2023 | 33,552 | $1.6B | This page |
| 2024 · index core | 35,701 | $2.1B | 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 401(k) Plans Nationally
401(k) plans in other states closest to Hmh 401(k) Savings Plan by total assets, not by location.
- Kellanova Savings and Investment Plan (IL) $1.6B · 7,891
- E. & J. Gallo Winery Retirement Plan (CA) $1.6B · 4,689
- Pacific Life Insurance Company Retirement Incentive Savings Plan (CA) $1.6B · 3,153
- Pacificorp K Plus Employee Savings Plan (OR) $1.6B · 4,968
Frequently Asked Questions
How did Hmh 401(k) Savings Plan assets move in 2023? ▼
How have Hackensack Meridian Health plan assets changed over time? ▼
Where does Hmh 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Hmh 401(k) Savings Plan? ▼
Next read for Hmh 401(k) Savings Plan
Filing takeaways
Ways to act on Hmh 401(k) Savings Plan's numbers.
- By total assets, Hmh 401(k) Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) 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