Defined Benefit (Pension) · DOL Form 5500 · 2024

Johnson and Johnson Pension Plan

Data updated 2026-07-24

$406M
Total assets
945
Participants
97th
Percentile by assets
$429,487
Avg per participant
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Official DOL plan name: Retirement Plan for Union Represented Employees · Sponsored by Johnson and Johnson · New Jersey · Manufacturing

$406M in assets, 945 participants

Johnson and Johnson's Retirement Plan for Union Represented Employees reported $406M in total assets and 945 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 116,472 plans)

Where Retirement Plan for Union Represented Employees sits by assets

Retirement Plan for Union Represented Employees sits in the top 5% of all filed plans by assets, $406M for 945 participants (~$429,487/participant), down 21.8% in 2024.

$406M
total plan assets (2024 EOY)
945
covered participants
97th
percentile by assets (of 116,472 plans)
$429,487
avg assets per participant

The plan reported a net loss of $113M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Retirement Plan for Union Represented Employees reported net income fell from $30M in the plan year 2023 filing to -$113M in the plan year 2024 filing.
  • Retirement Plan for Union Represented Employees end-of-year assets fell from $519M in the plan year 2023 filing to $406M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Retirement Plan for Union Represented Employees vs the 2024 asset distribution

By assets, Retirement Plan for Union Represented Employees outranks 97% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 4.1x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$519M
Net Assets (End of Year)$405M
Net Income-$113M
Employer EIN221024240
Plan Effective Date1949-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Johnson and Johnson)

$42B$44B$46B$48B 202220232024 $42.6B $46.3B ▲ +8.6%
Total plan assets by year, all Johnson and Johnson plans on file
Year Plans Participants Total Assets
2022 5 89,338 $42.6B
2023 5 88,565 $45.0B
2024 5 89,848 $46.3B

Nearby Defined Benefit (Pension) Plans in New Jersey

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Retirement Plan for Union Represented Employees vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Retirement Plan for Union Represented Employees vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Retirement Plan for …Retirement Plan of J…JPMorgan Chase Retir…Nokia Retirement Inc…The Prudential Merge…Merck US Pension Plan
Retirement Plan for Union Represented Employees vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Retirement Plan for Union Represented Employees by total assets, not by location.

Frequently Asked Questions

How did Retirement Plan for Union Represented Employees assets move in 2024?
Retirement Plan for Union Represented Employees declined sharply - down 21.8% during 2024, from $519M to $406M. Reported net income was -$113M.
How have Johnson and Johnson plan assets changed over time?
Across 3 plan years on file (2022-2024), Johnson and Johnson's sponsor-wide assets grew 8.6%, from $42.6B to $46.3B.
Where does Retirement Plan for Union Represented Employees rank by assets among Form 5500 filers?
Retirement Plan for Union Represented Employees ranks in the 97th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Retirement Plan for Union Represented Employees?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Sheet Metal Workers' Local 10 Pension Fund in MN ($406M, 2,616 participants).

Next read for Retirement Plan for Union Represented Em…

Scale reading

Ways to act on Retirement Plan for Union Represented Employees's numbers.

  • By total assets, Retirement Plan for Union Represented Employees ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New Jersey. Compare plans
  • Johnson and Johnson's sponsor-wide assets have grown 8.6% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 221024240.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.