401(k) · DOL Form 5500 · 2023

New Jersey Education Association 401(k) Plan

Data updated 2026-08-25

$67M
Total assets Below avg plan size
391
Participants Below avg headcount
88th
Percentile by assets National rank
$172,478
Avg per participant Above avg balance/head
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Official DOL plan name: Njea Supplemental Savings Plan · Sponsored by New Jersey Education Association · New Jersey · Educational Services

$67M in assets, 391 participants

New Jersey Education Association's Njea Supplemental Savings Plan reported $67M in total assets and 391 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #2,956 in Educational Services (3,735 peers)

Coverage in New Jersey

Njea Supplemental Savings Plan covers 391 participants in New Jersey, about 46% of the average New Jersey filer (state average ~844 per filing). Assets: $67M.

#2,956
in Educational Services (3,735 peers)
+18.6%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Njea Supplemental Savings Plan's outsized position by total assets

Njea Supplemental Savings Plan vs every filed plan by assets

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

$67,438,873 Top 12% higher than 88% 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

Njea Supplemental Savings Plan 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. Njea Supplemental Savings Plan sits mid-pack in the medium band (391 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Njea Supplemental Savings Plan reported net income rose from $4M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Njea Supplemental Savings Plan end-of-year assets rose from $57M in the plan year 2022 filing to $67M in the plan year 2023 filing.
  • Njea Supplemental Savings Plan reported participants rose from 384 in the plan year 2022 filing to 391 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 210524390 · New Jersey Education Association PY 2023 · 401(k)

Njea Supplemental Savings Plan · $67M · 391 · 88th

  • 5500 $67M
  • ASSETS 391
  • PCT 88th
  • EIN 401(k)
  • RANK near Louisiana Machinery Company, L. L. C. 401(k) Plan
  • PHOTO ind #2956

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 Educational Services retirement plans → · Plans in New Jersey →

Njea Supplemental Savings Plan in the asset neighbourhood

Hyundai Autoever America 401(k) PlanHyundai Autoever America 401…$67MNjea Supplemental Savings PlanNjea Supplemental Savings Pl…$67MLouisiana Machinery Company, L. L. C. 401(k) PlanLouisiana Machinery Company,…$67MScottmadden, Inc. 401(k) Profit Sharing PlanScottmadden, Inc. 401(k) Pro…$67MBadger Liquor Co., Inc. Employees' Profit Sharing, Savings & Investment PlanBadger Liquor Co., Inc. Empl…$67M
End-of-year total assets ($M) among Njea Supplemental Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$57M
Net Assets (End of Year)$67M
Net Income$11M
Employer EIN210524390
Plan Effective Date1985-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New Jersey Education Association)

Sponsor-wide plan assets over time

All New Jersey Education Association plans reported in each filing year

Latest sponsor-wide plan assets
$440M 2.4162874450128156% vs 2022
2024 filing year
$420M$430M$440M$450M$460M 202220232024 $430M $440M ▲ +2.4%
Year Plans Participants Total Assets
2022 2 615 $430M
2023 2 624 $453M
2024 2 628 $440M

Nearby 401(k) Plans in New Jersey

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

Njea Supplemental Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Njea Supplemental Savings Plan, Total assets ($B): 0.067438873 · Participants: 391Njea Supplemental Savings PlanJPMorgan 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
Njea Supplemental Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

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

Outside New Jersey, the nearest 401(k) by assets is Louisiana Machinery Company, L. L. C. 401(k) Plan in LA ($67M); by covered participants it is The Bmw Management, Inc. Employee 401(k) Plan in CA (391 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (391 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 Njea Supplemental Savings Plan assets move in 2023?
Njea Supplemental Savings Plan grew sharply - up 18.6% during 2023, from $57M to $67M. Reported net income was $11M.
How have New Jersey Education Association plan assets changed over time?
Across 3 plan years on file (2022-2024), New Jersey Education Association's sponsor-wide assets grew 2.4%, from $430M to $440M.
Where does Njea Supplemental Savings Plan rank by assets among Form 5500 filers?
Njea Supplemental Savings Plan ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Njea Supplemental Savings Plan?
Among 401(k) plans in other states, the closest by assets is Louisiana Machinery Company, L. L. C. 401(k) Plan in LA ($67M, 839 participants).
Which 401(k) plans cover a similar participant headcount to Njea Supplemental Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is The Bmw Management, Inc. Employee 401(k) Plan in CA (391 participants, $343K in assets).