Employer · plans filed under one EIN
Hackensack Meridian Health
Edison, NJ · Health care and social assistance
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
4 retirement plans with 100 or more participants file Form 5500 under Hackensack Meridian Health's employer identification number (Edison, New Jersey). Their latest filings total 109,409 participant records and $5.89B in net assets.
The largest is HMH 401(k) Savings Plan, a 401(k) plan with 55,699 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $144M and participant contributions $223M in the latest plan years; benefits paid were $331M. Schedule C compensation reported to service provider organisations totalled $2.8M.
Combined net assets moved from $3.23B in 2019 to $5.89B in 2024 (up 82%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| HMH 401(k) Savings Plan | 401(k) plan | 2024 | 55,699 | $2.13B | $38,264 | $3,652 | $2.1M |
| Consolidated 403(b) Plan of Hackensack Meridian Health | 403(b) plan | 2024 | 24,634 | $1.80B | $73,266 | — | $560K |
| Consolidated Pension Plan of Hackensack Meridian Health | cash balance pension plan | 2024 | 18,210 | $1.67B | $91,485 | — | $0 |
| Consolidated Defined Contribution Plan of Hackensack Meridian Health | profit-sharing plan | 2024 | 10,866 | $290M | $26,717 | — | $175K |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 4 | 109,409 | $5.89B | $144M | $223M |
| 2023 | 4 | 104,714 | $5.21B | $129M | $197M |
| 2022 | 4 | 99,273 | $4.34B | $112M | $170M |
| 2021 | 4 | 95,252 | $5.09B | $101M | $156M |
| 2020 | 4 | 95,168 | $4.56B | $102M | $151M |
| 2019 | 4 | 81,126 | $3.23B | $88.9M | $130M |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| TIAA | Recordkeeping and information management; Consulting (pension); Investment advisory (plan); Investment management | 3 | $2,787,938 |
| Valic Retirement Services Company | Investment management | 1 | $5,357 |
| Torrillo & Associates, LLC | Accounting (including auditing) | 1 | $5,254 |
| MetLife Life Insurance Company | Recordkeeping and information management; Investment management | 2 | $4,324 |
| Empower Annuity Ins. Co. of America | — | 1 | $405 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does Hackensack Meridian Health have?
4 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: HMH 401(k) Savings Plan, Consolidated 403(b) Plan of Hackensack Meridian Health, Consolidated Pension Plan of Hackensack Meridian Health and Consolidated Defined Contribution Plan of Hackensack Meridian Health. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Hackensack Meridian Health contribute to its plans?
$144,370,602 in employer contributions across these plans in their latest plan years, about $2,088 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name TIAA, Valic Retirement Services Company, Torrillo & Associates, LLC and MetLife Life Insurance Company and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.