Other · DOL Form 5500 · 2023

Kennedy Health System Retirement Plan

Data updated 2026-08-11

$351M
Total assets
4,391
Participants
97th
Percentile by assets
$79,863
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Jefferson Health New Jersey 403(b) Plan · Sponsored by Kennedy Health System · Pennsylvania · Healthcare & Social Assistance

$351M in assets, 4,391 participants

Kennedy Health System's Jefferson Health New Jersey 403(b) Plan reported $351M in total assets and 4,391 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 127,072 plans)
  • #17,129 in Healthcare & Social Assistance (17,684 peers)

Coverage in Pennsylvania

Jefferson Health New Jersey 403(b) Plan covers 4,391 participants in Pennsylvania, 5.3x the typical Pennsylvania plan (state average ~822 per filing). Assets: $351M.

$351M
total plan assets (2023 EOY)
4,391
covered participants
97th
percentile by assets (of 127,072 plans)
$79,863
avg assets per participant

Where Jefferson Health New Jersey 403(b) Plan sits by total assets

Jefferson Health New Jersey 403(b) Plan vs every filed plan by assets

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

$350,677,098 Top 3% higher than 97% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Jefferson Health New Jersey 403(b) Plan reported net income rose from -$45M in the plan year 2022 filing to $54M in the plan year 2023 filing.
  • Jefferson Health New Jersey 403(b) Plan end-of-year assets rose from $297M in the plan year 2022 filing to $351M in the plan year 2023 filing.
  • Jefferson Health New Jersey 403(b) Plan reported participants rose from 3,943 in the plan year 2022 filing to 4,391 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Jefferson Health New Jersey 403(b) Plan reports 4,391 participants - 5.3x that state average ($351M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$297M
Net Assets (End of Year)$351M
Net Income$54M
Employer EIN221773439
Plan Effective Date1965-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kennedy Health System)

$250M$300M$350M$400M$450M 202220232024 $297M $400M ▲ +34.8%
Total plan assets by year, all Kennedy Health System plans on file
Year Plans Participants Total Assets
2022 1 3,943 $297M
2023 1 4,391 $351M
2024 1 5,069 $400M

Nearby Other Plans in Pennsylvania

Peer Other plans, same state, same plan type, ranked by total assets.

Jefferson Health New Jersey 403(b) Plan vs. nearby Other plans in Pennsylvania, assets vs. participants

Jefferson Health New Jersey 403(b) Plan vs. nearby Other plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 02468 Total assets ($B) Participants Jefferson Health New…The University of Pe…Upmc 403(b) Retireme…The University of Pe…Carnegie Mellon Univ…Jefferson Defined Co…
Jefferson Health New Jersey 403(b) Plan vs. nearby Other plans in Pennsylvania, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Jefferson Health New Jersey 403(b) Plan by total assets, not by location.

Frequently Asked Questions

How did Jefferson Health New Jersey 403(b) Plan assets move in 2023?
Jefferson Health New Jersey 403(b) Plan grew sharply - up 18.1% during 2023, from $297M to $351M. Reported net income was $54M.
How have Kennedy Health System plan assets changed over time?
Across 3 plan years on file (2022-2024), Kennedy Health System's sponsor-wide assets grew 34.8%, from $297M to $400M.
Where does Jefferson Health New Jersey 403(b) Plan rank by assets among Form 5500 filers?
Jefferson Health New Jersey 403(b) Plan ranks in the 97th 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 Other plans are similar in size to Jefferson Health New Jersey 403(b) Plan?
Among Other plans in other states, the closest by assets is Clark University Retirement Plan in MA ($351M, 727 participants).

Filing takeaways

Ways to act on Jefferson Health New Jersey 403(b) Plan's numbers.