401(k) · DOL Form 5500 · 2023

Kenvue Inc. 401(k) Plan

Data updated 2026-08-11

$1.1B
Total assets
4,039
Participants
99th
Percentile by assets
$284,683
Avg per participant
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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.

  • 99th percentile by assets (of 127,072 plans)
  • #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.

$1.1B
total plan assets (2023 EOY)
4,039
covered participants
99th
percentile by assets (of 127,072 plans)
$284,683
avg assets per participant
State
Industry

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Kenvue Savings Plan reports 4,039 participants - 4.8x that state average ($1.1B EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)N/A
Net Assets (End of Year)$1.1B
Net Income$169M
Employer EIN881032011
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kenvue Inc.)

$1.1B$1.2B$1.3B$1.4B 20232024 $1.2B $1.38B ▲ +15.0%
Total plan assets by year, all Kenvue Inc. plans on file
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

Kenvue Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Kenvue Savings PlanJPMorgan Chase 401(k…Verizon Savings Plan…Johnson and Johnson …Ernst & Young Retire…Merck US Savings Plan
Kenvue Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Kenvue Savings Plan by total assets, not by location.

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).

Filing takeaways

Ways to act on Kenvue Savings Plan's numbers.