401(k) · DOL Form 5500 · 2023

New Jersey Association on Correction 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
168
Participants Small participant base
30th
Percentile by assets National rank
$11,033
Avg per participant Low balance/head
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Official DOL plan name: 401(k) Profit-Sharing Plan for Employees of New Jersey Association on Correction · Sponsored by New Jersey Association on Correction · New Jersey · Other Services

$2M in assets, 168 participants

New Jersey Association on Correction's 401(k) Profit-Sharing Plan for Employees of New Jersey Association on Correction reported $2M in total assets and 168 participants in its 2023 DOL Form 5500 filing, ranking in the 30th 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.

  • #4,291 in Other Services (7,857 peers)

Coverage in New Jersey

401(k) Profit-Sharing Plan for Employees of New Jersey Association on Correction covers 168 participants in New Jersey, about 20% of the average New Jersey filer (state average ~844 per filing). Assets: $2M.

#4,291
in Other Services (7,857 peers)
+15.9%
assets growth YoY

401(k) Profit-Sharing Plan for Employees of New Jersey Association on Correction among the smaller filed plans by assets

401(k) Profit-Sharing Plan for Employees of New Jersey Association on Correction vs every filed plan by assets

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

$1,853,565 30th percentile higher than 30% 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

401(k) Profit-Sharing Plan for Employees of New Jersey Association on Correction among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. 401(k) Profit-Sharing Plan for Employees of New Jersey Association on Correction sits mid-pack in the medium band (168 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 401(k) Profit-Sharing Plan for Employees of New Jersey Association on Correction reported net income rose from -$279K in the plan year 2022 filing to $255K in the plan year 2023 filing.
  • 401(k) Profit-Sharing Plan for Employees of New Jersey Association on Correction reported participants rose from N/A in the plan year 2022 filing to 168 in the plan year 2023 filing.
  • 401(k) Profit-Sharing Plan for Employees of New Jersey Association on Correction end-of-year assets rose from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 221729877 · New Jersey Association on Correction PY 2023 · 401(k)

401(k) Profit-Sharing Plan for Employees of New Jersey Association on Correction · $2M · 168 · 30th

  • PCT $2M
  • PCT 168
  • PCT 30th
  • PCT 401(k)
  • PCT near Grant Aviation, Inc. 401(k) Profit Sharing Plan
  • PCT ind #4291

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 Other Services retirement plans → · Plans in New Jersey →

401(k) Profit-Sharing Plan for Employees of New Jersey Association on Correction in the asset neighbourhood

401(k) Profit-Sharing Plan for Employees of New Jersey Association on Correction401(k) Profit-Sharing Plan f…$2MGrant Aviation, Inc. 401(k) Profit Sharing PlanGrant Aviation, Inc. 401(k) …$2MInternational Medical Industries, Inc. 401(k) Retirement PlanInternational Medical Indust…$2MEntera 401(k) Retirement Savings PlanEntera 401(k) Retirement Sav…$2MResource Communications, Inc. Retirement Savings PlanResource Communications, Inc…$2M
End-of-year total assets ($M) among 401(k) Profit-Sharing Plan for Employees of New Jersey Association on Correction and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$255K
Employer EIN221729877
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New Jersey Association on Correction)

Sponsor-wide plan assets over time

All New Jersey Association on Correction plans reported in each filing year

Latest sponsor-wide plan assets
$2M 20.87685140071939% vs 2022
2024 filing year
$1.5M$1.6M$1.7M$1.8M$1.9M$2M 202220232024 $1.6M $1.93M ▲ +20.6%
Year Plans Participants Total Assets
2022 1 N/A $2M
2023 1 168 $2M
2024 1 161 $2M

Nearby 401(k) Plans in New Jersey

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

401(k) Profit-Sharing Plan for Employees of New Jersey Association on Correction vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants 401(k) Profit-Sharing Plan for Employees of New Jersey Association on Correction, Total assets ($B): 0.001853565 · Participants: 168401(k) Profit-Sharing Plan for Employees of New Jersey Association on CorrectionJPMorgan 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
401(k) Profit-Sharing Plan for Employees of New Jersey Association on Correction vs. nearby 401(k) plans in New Jersey, assets vs. participants

401(k) Profit-Sharing Plan for Employees of New Jersey Association on Correction's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Grant Aviation, Inc. 401(k) Profit Sharing Plan in AK ($2M); by covered participants it is Jenkins Linc-Merc, Inc. 401(k) Plan in FL (168 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (168 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 401(k) Profit-Sharing Plan for Employees of New Jersey Association on Correction assets move in 2023?
401(k) Profit-Sharing Plan for Employees of New Jersey Association on Correction grew sharply - up 15.9% during 2023, from $2M to $2M. Reported net income was $255K.
How have New Jersey Association on Correction plan assets changed over time?
Across 3 plan years on file (2022-2024), New Jersey Association on Correction's sponsor-wide assets grew 20.9%, from $2M to $2M.
Which 401(k) plans are similar in size to 401(k) Profit-Sharing Plan for Employees of New Jersey Association on Correction?
Among 401(k) plans in other states, the closest by assets is Grant Aviation, Inc. 401(k) Profit Sharing Plan in AK ($2M, 300 participants).
Which 401(k) plans cover a similar participant headcount to 401(k) Profit-Sharing Plan for Employees of New Jersey Association on Correction?
Among 401(k) plans in other states, the closest by covered participants is Jenkins Linc-Merc, Inc. 401(k) Plan in FL (168 participants, $3M in assets).