Other · DOL Form 5500 · 2024

Kennedy Health System Retirement Plan

Data updated 2026-08-11

$400M
Total assets
5,069
Participants
97th
Percentile by assets
$78,968
Avg per participant
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Official DOL plan name: Jefferson Health New Jersey 403(b) Plan · Sponsored by Kennedy Health System · Pennsylvania · Healthcare & Social Assistance

$400M in assets, 5,069 participants

Kennedy Health System's Jefferson Health New Jersey 403(b) Plan reported $400M in total assets and 5,069 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 123,622 plans)
  • #16,362 in Healthcare & Social Assistance (16,916 peers)

Coverage in Pennsylvania

Jefferson Health New Jersey 403(b) Plan covers 5,069 participants in Pennsylvania, 6.2x the typical Pennsylvania plan (state average ~822 per filing). Assets: $400M.

$400M
total plan assets (2024 EOY)
5,069
covered participants
97th
percentile by assets (of 123,622 plans)
$78,968
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Jefferson Health New Jersey 403(b) Plan reported participants rose from 4,391 in the plan year 2023 filing to 5,069 in the plan year 2024 filing.
  • Jefferson Health New Jersey 403(b) Plan end-of-year assets rose from $351M in the plan year 2023 filing to $400M in the plan year 2024 filing.
  • Jefferson Health New Jersey 403(b) Plan reported net income fell from $54M in the plan year 2023 filing to $50M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Jefferson Health New Jersey 403(b) Plan reports 5,069 participants - 6.2x that state average ($400M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$351M
Net Assets (End of Year)$400M
Net Income$50M
Employer EIN221773439
Plan Effective Date1965-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kennedy Health System)

$250M$300M$350M$400M$450M 202220232024 $297M $400M ▲ +34.8%
Total plan assets by year, all Kennedy Health System plans on file
Year Plans Participants Total Assets
2022 1 3,943 $297M
2023 1 4,391 $351M
2024 1 5,069 $400M

Nearby Other Plans in Pennsylvania

Peer Other plans, same state, same plan type, ranked by total assets.

Jefferson Health New Jersey 403(b) Plan vs. nearby Other plans in Pennsylvania, assets vs. participants

Jefferson Health New Jersey 403(b) Plan vs. nearby Other plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 02468 Total assets ($B) Participants Jefferson Health New…The University of Pe…Upmc 403(b) Retireme…The University of Pe…Carnegie Mellon Univ…Jefferson Defined Co…
Jefferson Health New Jersey 403(b) Plan vs. nearby Other plans in Pennsylvania, assets vs. participants

Scale composition for Jefferson Health New Jersey 403(b) Plan

Jefferson Health New Jersey 403(b) Plan reports $400M in end-of-year assets across 5,069 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.005% of 93,925,755 covered participants) - about $78,968 per participant (57% of the national average assets-per-participant) . Net income for plan year 2024 was $50M.

This plan identity (EIN 221773439, plan #004) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $297M to $400M (+34.8%) while covered participants moved from 3,943 to 5,069 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 3,943 $297M Open filing
2023 4,391 $351M Open filing
2024 · index core 5,069 $400M This page

Similar-Sized Other Plans Nationally

Other plans in other states closest to Jefferson Health New Jersey 403(b) Plan by total assets, not by location.

Frequently Asked Questions

How did Jefferson Health New Jersey 403(b) Plan assets move in 2024?
Jefferson Health New Jersey 403(b) Plan grew at a solid clip - up 14.1% during 2024, from $351M to $400M. Reported net income was $50M.
How have Kennedy Health System plan assets changed over time?
Across 3 plan years on file (2022-2024), Kennedy Health System's sponsor-wide assets grew 34.8%, from $297M to $400M.
Where does Jefferson Health New Jersey 403(b) Plan rank by assets among Form 5500 filers?
Jefferson Health New Jersey 403(b) Plan ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Other plans are similar in size to Jefferson Health New Jersey 403(b) Plan?
Among Other plans in other states, the closest by assets is Mary Washington Healthcare 403(b) Plan in VA ($400M, 3,165 participants).

Filing takeaways

Ways to act on Jefferson Health New Jersey 403(b) Plan's numbers.