Kenvue Savings Plan

Profit Sharing · DOL Form 5500 · 2024

What the Filing Says About Kenvue Savings Plan

Kenvue Savings Plan is a Profit Sharing retirement plan sponsored by Kenvue Inc., headquartered in New Jersey. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $1.3B in total end-of-year assets and covers 4,195 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 881032011, and the plan has been effective since 2023-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets grew at a solid clip from $1.1B at the beginning of 2024 to $1.3B at year-end - up 14.4%. Net assets (after liabilities) closed the year at $1.3B, with reported net income of $164M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Across the 2 plan years Kenvue Inc. has on file with PlainRetire (2023-2024), sponsor-wide plan assets have moved from $1.2B to $1.4B, a gain of 14.8%, while reported participants moved from 4,646 to 4,783 (+2.9%). Year-by-year, sponsor-wide filings show: 2023 - $1.2B in assets across 2 plans covering 4,646 participants; 2024 - $1.4B in assets across 2 plans covering 4,783 participants.

By assets, Kenvue Savings Plan outranks 99% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 13x the national average plan size of $100M and 730 average participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank Kenvue Savings Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.