401(k) · DOL Form 5500 · 2024
Hackensack Meridian Health 401(k) Plan
Data updated 2026-08-25
- $2.1B
- Total assets Very large vs avg
- 35,701
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $59,698
- Avg per participant Low balance/head
Official DOL plan name: Hmh 401(k) Savings Plan · Sponsored by Hackensack Meridian Health · New Jersey · Healthcare & Social Assistance
$2.1B in assets, 35,701 participants
Hackensack Meridian Health's Hmh 401(k) Savings Plan reported $2.1B in total assets and 35,701 participants in its 2024 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.
- #16,809 in Healthcare & Social Assistance (16,916 peers)
Coverage in New Jersey
Hmh 401(k) Savings Plan covers 35,701 participants in New Jersey, 42x the typical New Jersey plan (state average ~844 per filing). Assets: $2.1B.
- #16,809
- in Healthcare & Social Assistance (16,916 peers)
- +32.9%
- assets growth YoY
- 21×
- vs typical plan assets (national mean)
Hmh 401(k) Savings Plan's outsized position by total assets
Hmh 401(k) Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$2,131,270,226 Top 1% higher than 99% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Hmh 401(k) Savings Plan's mega-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hmh 401(k) Savings Plan is a mega filing (35,701 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Hmh 401(k) Savings Plan end-of-year assets rose from $1.6B in the plan year 2023 filing to $2.1B in the plan year 2024 filing.
- Hmh 401(k) Savings Plan reported net income rose from $490M in the plan year 2023 filing to $528M in the plan year 2024 filing.
- Hmh 401(k) Savings Plan reported participants rose from 33,552 in the plan year 2023 filing to 35,701 in the plan year 2024 filing.
DOL schedule card
Filing strip 223474145 · Hackensack Meridian Health PY 2024 · 401(k)
Hmh 401(k) Savings Plan · $2.1B · 35,701 · 99th
- EIN $2.1B
- RANK 35,701
- PHOTO 99th
- IND 401(k)
- EOY near San Diego Gas & Electric Company Savings Plan
- 5500 ind #16809
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 Healthcare & Social Assistance retirement plans → · Plans in New Jersey →
Hmh 401(k) Savings Plan in the asset neighbourhood
New Jersey filing particulars
| Total Assets (Beginning of Year) | $1.6B |
|---|---|
| Net Assets (End of Year) | $2.1B |
| Net Income | $528M |
| Employer EIN | 223474145 |
| Plan Effective Date | 2019-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Hackensack Meridian Health)
Sponsor-wide plan assets over time
All Hackensack Meridian Health plans reported in each filing year
- Latest sponsor-wide plan assets
- $5.9B 33.09206339506898% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 7 | 61,439 | $4.4B |
| 2023 | 7 | 67,568 | $5.2B |
| 2024 | 4 | 66,927 | $5.9B |
Nearby 401(k) Plans in New Jersey
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- JPMorgan Chase 401(k) Savings Plan $52.9B · 185,532
- Verizon Savings Plan for Management Employees $29.4B · 69,218
- Johnson and Johnson Savings Plan $23.6B · 42,583
- Ernst & Young Retirement Savings Plan $18.3B · 56,714
- Merck US Savings Plan $15.0B · 27,956
Scale composition for Hmh 401(k) Savings Plan
Hmh 401(k) Savings Plan reports $2.1B in end-of-year assets across 35,701 participants (0.017% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.038% of 93,925,755 covered participants) - about $59,698 per participant (43% of the national average assets-per-participant) . Net income for plan year 2024 was $528M.
This plan identity (EIN 223474145, plan #011) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.0B to $2.1B (+108.6%) while covered participants moved from 25,813 to 35,701 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 25,813 | $1.0B | Open filing |
| 2023 | 33,552 | $1.6B | Open filing |
| 2024 · index core | 35,701 | $2.1B | This page |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Consolidated 403(b) Plan of Hackensack Meridian Health (Other, $1.8B, 16,823 participants)
- Consolidated Pension Plan of Hackensack Meridian Health (Defined Benefit (Pension), $1.7B, 7,420 participants)
- Consolidated Defined Contribution Plan of Hackensack Meridian Health (Profit Sharing, $290M, 6,983 participants)
Hmh 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside New Jersey, the nearest 401(k) by assets is San Diego Gas & Electric Company Savings Plan in CA ($2.1B); by covered participants it is Allegis Group, Inc. Retirement Savings Plan Three in MD (35,697 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.1B here).
- San Diego Gas & Electric Company Savings Plan (CA) $2.1B · 4,931
- The Hershey Company 401(k) Plan (PA) $2.1B · 11,492
- Allianz Asset Accumulation Plan (MN) $2.1B · 5,354
- Oasis Retirement Savings Plan (FL) $2.1B · 83,612
Similar participant headcount
Nearest other-state filings by covered participants (35,701 participants); asset peers above are excluded.
- Allegis Group, Inc. Retirement Savings Plan Three (MD) 35,697 · 4 off
- Transform 401(k) Savings Plan (IL) 35,732 · 31 off
- Sequoia One 401(k) Plan (AZ) 35,527 · 174 off
- Pilot Catastrophe Services, Inc. 401(k) Profit Sharing Plan (AL) 35,464 · 237 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.