State retirement profile · Form 5500

Retirement Plans in New Jersey

According to DOL Form 5500 filings (plan year 2024), employer-sponsored 401(k), pension, and other retirement plans headquartered in New Jersey report the totals below.

Data updated 2026-08-06

3,927
Plans
$658.9B
Total assets
#5
By assets

$658.9B across 3,927 plans

According to DOL Form 5500 filings (plan year 2024), New Jersey has 3,927 employer-sponsored retirement plans holding $658.9B in total assets for 3,395,263 participants, ranking 5th nationally by plan assets, with 71% structured as 401(k)s and an average of $168M per plan.

  • 5th nationally by plan assets
  • 71% 401(k) plans

The state in one line

New Jersey hosts 3,927 employer-sponsored retirement plans holding $658.9B for 3,395,263 participants, the 5th-largest state by plan assets.

$658.9B
total plan assets
3,927
employer plans
$194,063
avg assets per participant
71%
of plans are 401(k)s
401(k) Plans
2,790
Participants
3,395,263

What the Form 5500 Data Shows for New Jersey

New Jersey: 3,927 employer-sponsored plans (2,790 401(k)), $658.9B aggregate assets, 3,395,263 participants. Average plan: $168M; largest is JPMorgan Chase 401(k) Savings Plan at $52.9B. Leading sector by assets: Manufacturing (35%). These figures aggregate the 3,927 Form 5500 filings New Jersey sponsors submitted for plan year 2024, counted by sponsor headquarters rather than participant residence; a plan administered in New Jersey can cover workers across several states, and the methodology page details that HQ-vs-residence distinction. DOL Form 5500 methodology + HQ-vs-residence caveats →

Manufacturing leads New Jersey plan assets (35%)

Among plans headquartered here, Manufacturing accounts for $232.3B across 607 filings, ahead of Finance & Insurance at $143.6B. Sector mix is a Form 5500-derived signal: it reflects where sponsors file from, not where every participant lives.

DOL Form 5500 plan year 2024

New Jersey still carries a measurable defined-benefit footprint

324 defined-benefit / pension filings (8% of plans here) hold $164.7B. That share is high enough to keep pension-vs-401(k) comparisons useful for this state, not just national averages.

DOL Form 5500 plan year 2024

Where New Jersey sits in the Form 5500 corpus

New Jersey sits in the top decile of U.S. states by Form 5500 plan assets (#5 of 56), so national rankings and peer comparisons are the useful next read.

DOL Form 5500 plan year 2024

Industry mix in New Jersey

Top sectors by Form 5500 plan assets for sponsors headquartered here (plan year 2024).

Industry Plans Assets
Manufacturing 607 $232.3B
Finance & Insurance 217 $143.6B
Professional & Technical Services 743 $76.0B
Information & Media 93 $62.8B
Healthcare & Social Assistance 495 $33.8B

Largest Plans in New Jersey

# Plan Name Type Participants Total Assets
1 JPMorgan Chase 401(k) Savings Plan 401(k) 185,532 $52.9B
2 Verizon Savings Plan for Management Employees 401(k) 69,218 $29.4B
3 Johnson and Johnson Savings Plan 401(k) 42,583 $23.6B
4 Retirement Plan of Johnson and Johnson Defined Benefit (Pension) 37,882 $21.1B
5 Ernst & Young Retirement Savings Plan 401(k) 56,714 $18.3B
6 JPMorgan Chase Retirement Plan Defined Benefit (Pension) 83,812 $16.1B
7 Merck US Savings Plan 401(k) 27,956 $15.0B
8 Nokia Retirement Income Plan Defined Benefit (Pension) 7,280 $12.9B
9 The Prudential Merged Retirement Plan Defined Benefit (Pension) 16,233 $12.0B
10 Bristol-Myers Squibb Savings and Investment Program 401(k) 21,763 $11.6B
11 The Prudential Employee Savings Plan 401(k) 17,685 $10.7B
12 Kpmg 401(k) Capital Accumulation Plan 401(k) 37,063 $10.5B
13 Ubs 401(k) Plan Trust 401(k) 21,350 $10.2B
14 Merck US Pension Plan Defined Benefit (Pension) 26,843 $10.1B
15 Novartis Corporation Investment Savings Plan 401(k) 12,217 $9.9B
16 Nokia Savings/401(k) Plan 401(k) 7,104 $9.8B
17 Siemens Savings Plan 401(k) 29,727 $9.8B
18 Sanofi U.S. Group Savings Plan 401(k) 13,765 $8.5B
19 Metlife 401(k) Plan 401(k) 14,717 $8.3B
20 Metlife Retirement Plan Defined Benefit (Pension) 13,263 $7.9B
21 Automatic Data Processing, Inc. Retirement and Savings Plan 401(k) 34,557 $7.3B
22 Basf Corporation Retirement Savings Plan 401(k) 11,317 $6.3B
23 Bd 401(k) Plan 401(k) 22,688 $5.8B
24 Verizon Savings & Security Plan for New York and New England Associates 401(k) 12,658 $5.8B
25 Verizon Pension Plan for Associates Defined Benefit (Pension) 22,644 $5.7B

Nearby States by Retirement Plan Footprint

States ranked adjacent to New Jersey by total retirement plan assets.

Compare New Jersey side-by-side with 3 peer states →

Frequently Asked Questions

What is the largest retirement plan headquartered in New Jersey? ▼
The largest Form 5500 filing by assets with a headquarters address in New Jersey is JPMorgan Chase 401(k) Savings Plan ($52.9B, 185,532 participants).
Which industry leads New Jersey retirement plan assets? ▼
Manufacturing leads with $232.3B across 607 plans headquartered here (35% of state plan assets).
How does New Jersey compare to other states for retirement plans? ▼
New Jersey sits in the top decile of U.S. states by Form 5500 plan assets (#5 of 56), so national rankings and peer comparisons are the useful next read.

Next read for New Jersey

Industry-mix reading

Ways to act on New Jersey's numbers.

Source: U.S. Department of Labor, EBSA Form 5500 public disclosure dataset. Shows the top 25 plans by total assets headquartered in New Jersey, out of 122,942 ERISA-covered plans nationally. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - state is the plan sponsor's headquarters state as recorded on the Form 5500 filing.

Read our methodology - how this data is sourced, computed, and verified.

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