401(k) · DOL Form 5500 · 2023

Kenvue Inc. 401(k) Plan

Data updated 2026-08-25

$1.1B
Total assets Very large vs avg: 4,039
Participants Above avg headcount: 99th
Percentile by assets National rank: $284,683
Avg per participant High balance/head

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Official DOL plan name: Kenvue Savings Plan · Sponsored by Kenvue Inc. · New Jersey · Manufacturing

$1.1B in assets, 4,039 participants

Kenvue Inc.'s Kenvue Savings Plan reported $1.1B in total assets and 4,039 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.

#18,320 in Manufacturing (18,722 peers)

Coverage in New Jersey

Kenvue Savings Plan covers 4,039 participants in New Jersey, 4.8x the typical New Jersey plan (state average ~844 per filing). Assets: $1.1B.

#18,320
in Manufacturing (18,722 peers): $169M
reported net income: 12×
vs typical plan assets (national mean)

Kenvue Savings Plan's outsized position by total assets

Kenvue Savings Plan vs every filed plan by assets

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

$1,149,835,160 Top 1% higher than 99% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Kenvue Savings 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. Kenvue Savings Plan lands in the large band (4,039 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

EBSA filing schedule strip

Filing strip 881032011 · Kenvue Inc. PY 2023 · 401(k)

Kenvue Savings Plan · $1.1B · 4,039 · 99th

TYPE $1.1B
TYPE 4,039
TYPE 99th
TYPE 401(k)
TYPE near Alvarez & Marsal Holdings, LLC 401(k) and Retirement Plan
TYPE ind #18320

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 Manufacturing retirement plans → · Plans in New Jersey →

End-of-year total assets ($B) among Kenvue Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)	N/A
Net Assets (End of Year)	$1.1B
Net Income	$169M
Employer EIN	881032011
Plan Effective Date	2023-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Kenvue Inc.)

Latest sponsor-wide plan assets: $1.4B 14.84453151437598% vs 2023; 2024 filing year

Year	Plans	Participants	Total Assets
2023	2	4,646	$1.2B
2024	2	4,783	$1.4B

Nearby 401(k) Plans in New Jersey

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

Kenvue 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

Compare Kenvue Savings Plan side-by-side with 3 peers →

Kenvue Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Alvarez & Marsal Holdings, LLC 401(k) and Retirement Plan in NY ($1.1B); by covered participants it is Strategic Education, Inc. 401(k) Plan in VA (4,036 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.1B here).

Alvarez & Marsal Holdings, LLC 401(k) and Retirement Plan (NY) $1.1B · 4,224
Smart, Sheet Metal Workers Local No. 104 Supplemental Pension Plan (CA) $1.1B · 5,021
The New York Times Companies Supplemental Retirement and Investment Plan (NY) $1.2B · 2,952
Cnmc Affiliates' 401(k) Retirement Plan (DC) $1.2B · 8,417

Similar participant headcount

Nearest other-state filings by covered participants (4,039 participants); asset peers above are excluded.

Strategic Education, Inc. 401(k) Plan (VA) 4,036 · 3 off
Digi-Key Corporation 401(k) Profit Sharing Plan (MN) 4,036 · 3 off
Tps 401(k) Plan (CA) 4,044 · 5 off
Huron Consulting Group Retirement Savings Plan (IL) 4,044 · 5 off

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 have Kenvue Inc. plan assets changed over time? ▼

Across 2 plan years on file (2023-2024), Kenvue Inc.'s sponsor-wide assets grew 14.8%, from $1.2B to $1.4B.

Where does Kenvue Savings Plan rank by assets among Form 5500 filers? ▼

Kenvue Savings Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).

Which 401(k) plans are similar in size to Kenvue Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Alvarez & Marsal Holdings, LLC 401(k) and Retirement Plan in NY ($1.1B, 4,224 participants).

Which 401(k) plans cover a similar participant headcount to Kenvue Savings Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Strategic Education, Inc. 401(k) Plan in VA (4,036 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 881032011.