State · sponsors with a New Jersey filing address
Retirement plans in New Jersey
Form 5500 filings for plan years 2009 to 2025; medians for plan year 2024.
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. A plan is counted in the state of its sponsor's address, not where its participants live.
For plan year 2024, 2,347 retirement plans based in New Jersey with 100 or more participants filed Form 5500: 2,044 defined contribution and 303 defined benefit. They reported 5,852,319 participant records and $665.2B in net assets, counting every plan on the form.
The median defined contribution plan held $61,511 per participant, above the national median of $53,031, and its employer put in $2,450 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $118 per participant against $123 nationally.
Employers contributed $14.9B and participants $19.6B during the year, and the plans paid out $64.5B in benefits.
In 2009 the same group numbered 2,854 plans with $356.7B; by 2024 it was 2,347 plans (down 18%) and $665.2B (up 86%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Beyond the full-form filers, 28,527 small plans based in New Jersey filed the short Form 5500-SF for 2024, with 742,952 participants and $48.1B in net assets. Small plans are counted here and nowhere else on this site.
Medians compared with all US plans
| Median plan, plan year 2024 | NJ: DC | US: DC | NJ: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $61,511 | $53,031 | $82,228 | $86,234 |
| Employer contributions per active participant | $2,450 | $2,174 | $10,877 | $10,244 |
| Schedule C compensation per participant | $118 | $123 | $348 | $344 |
| Schedule C compensation, share of net assets | 0.23% | 0.26% | 0.49% | 0.42% |
| Administrative expenses per participant | $112 | $116 | $518 | $527 |
Medians across plans with 100 or more participants (1,944 DC and 296 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $29,131 | $61,511 | $121,297 | 1,944 |
| Employer contributions per active participant | $996 | $2,450 | $4,853 | 1,805 |
| Schedule C compensation per participant | $49.76 | $118 | $231 | 1,807 |
| Administrative expenses per participant | $45.57 | $112 | $222 | 1,887 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2025partial | 265 | 615,162 | $104.3B | $2.04B | $2.97B | $77,298 | $124 |
| 2024 | 2,347 | 5,852,319 | $665.2B | $14.9B | $19.6B | $61,511 | $118 |
| 2023 | 2,368 | 5,849,782 | $627.6B | $13.3B | $18.2B | $56,024 | $108 |
| 2022 | 2,699 | 5,946,806 | $581.0B | $13.6B | $16.9B | $42,229 | $98.48 |
| 2021 | 2,628 | 5,935,395 | $732.1B | $12.0B | $15.6B | $52,580 | $102 |
| 2020 | 2,649 | 6,042,211 | $718.5B | $12.6B | $15.2B | $48,470 | $90.17 |
| 2019 | 2,651 | 6,140,631 | $648.4B | $14.6B | $14.7B | $43,221 | $79.29 |
| 2018 | 2,622 | 6,027,403 | $554.6B | $11.9B | $13.8B | $37,486 | $70.01 |
| 2017 | 2,584 | 5,759,068 | $556.2B | $14.5B | $12.6B | $41,646 | $58.13 |
| 2016 | 2,618 | 6,001,934 | $511.4B | $16.1B | $11.8B | $36,775 | $51.15 |
| 2015 | 2,599 | 5,448,855 | $448.4B | $12.4B | $10.6B | $35,753 | $45.83 |
| 2014 | 2,594 | 5,479,127 | $466.6B | $12.2B | $9.69B | $36,782 | $40.42 |
| 2013 | 2,629 | 5,475,177 | $435.4B | $10.8B | $9.41B | $36,163 | $33.13 |
| 2012 | 2,661 | 5,840,727 | $419.1B | $14.7B | $9.16B | $31,199 | $35.86 |
| 2011 | 2,693 | 5,524,598 | $356.5B | $13.0B | $9.04B | $28,643 | $34.79 |
| 2010 | 2,769 | 5,869,220 | $382.7B | $14.2B | $8.67B | $28,731 | $31.67 |
| 2009 | 2,854 | 6,090,542 | $356.7B | $12.7B | $8.93B | $25,241 | $26.43 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 2,360 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 60 largest by participants of 2,360 plans with a page on this site.
| Plan | Sponsor | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|
| JPMorgan Chase 401(k) Savings Plan | JPMorgan Chase Bank, National Association | DC | 300,272 | $52.4B | $174,384 | $6,810 | $72.73 |
| JPMorgan Chase Retirement Plan | JPMorgan Chase Bank, National Association | DB | 202,919 | $14.6B | $71,770 | $0 | $222 |
| Verizon Savings Plan for Management Employees | Verizon Communications Inc. | DC | 112,629 | $31.3B | $278,075 | $8,226 | $57.63 |
| Ernst & Young Retirement Savings Plan | Ernst & Young U.S. LLP | DC | 97,058 | $18.3B | $188,823 | $4,695 | $49.12 |
| Retirement Plan of Johnson and Johnson | Johnson and Johnson | DB | 82,100 | $21.1B | $256,743 | — | — |
| Nokia Retirement Income Plan | Nokia of America Corporation | DB | 81,332 | $12.9B | $158,046 | — | $81.10 |
| Successwise Pooled Employer Plan | Plan Professionals, LLC | DC | 77,246 | $1.47B | $19,046 | $746 | $75.06 |
| Johnson and Johnson Savings Plan | Johnson and Johnson | DC | 75,410 | $23.6B | $312,691 | $6,192 | — |
| KPMG Pension Plan | KPMG LLP | DB | 71,845 | $3.07B | $42,710 | — | $114 |
| Merck US Pension Plan | Merck & Co., Inc. | DB | 71,380 | $10.1B | $141,357 | $5,707 | — |
| Burlington Stores Savings Plan | Burlington Coat Factory Warehouse Corporation | DC | 70,632 | $457M | $6,470 | $217 | $10.50 |
| Mars Veterinary Health 401(k) Savings Plan | Mars, Incorporated | DC | 66,642 | $2.56B | $38,355 | $1,650 | $30.65 |
| The Quest Diagnostics Profit Sharing Plan | Quest Diagnostics Clinical Laboratories, Inc. | DC | 63,189 | $6.23B | $98,571 | $2,176 | $32.09 |
| TCS 401(k) Plan | Tata America International Corporation | DC | 60,401 | $2.36B | $39,049 | $2,206 | $35.12 |
| Itpeu Pension Fund | Itpeu Pension Fund | DC | 58,365 | $172M | $2,954 | $954 | $14.02 |
| HMH 401(k) Savings Plan | Hackensack Meridian Health | DC | 55,699 | $2.13B | $38,264 | $3,652 | $37.14 |
| KPMG 401(k) Capital Accumulation Plan | KPMG LLP | DC | 55,312 | $10.5B | $189,617 | $10,795 | $34.27 |
| Cognizant Technology Solutions 401(k) Savings Plan | Cognizant Technology Solutions | DC | 54,490 | $3.04B | $55,858 | $2,925 | $49.81 |
| Isolved 401-K Plan | Plan Professionals, LLC | DC | 51,743 | $465M | $8,984 | $496 | $63.50 |
| Bayada Home Health Care 401(k) Plan | Bayada Home Health Care Inc. | DC | 50,157 | $399M | $7,947 | $113 | $8.36 |
| Automatic Data Processing, Inc. Retirement and Savings Plan | Automatic Data Processing, Inc. | DC | 46,258 | $7.26B | $156,994 | $5,541 | $136 |
| Ernst & Young Defined Benefit Retirement Plan | Ernst & Young U.S. LLP | DB | 46,245 | $2.40B | $51,942 | $4,291 | $4.99 |
| UFCW Retirement and Savings Plan | Trustees of UFCW Retirement and Savings Plan | DC | 44,614 | $225M | $5,040 | $889 | $43.59 |
| The Prudential Merged Retirement Plan | The Prudential Insurance Company of America | DB | 44,305 | $8.87B | $200,165 | — | $434 |
| Siemens Savings Plan | Siemens Corporation | DC | 43,376 | $9.80B | $225,886 | $7,027 | — |
| The Cooper Health System 403(b) Plan | The Cooper Health System | DC | 42,580 | $944M | $22,169 | — | $20.89 |
| Merck US Savings Plan | Merck & Co., Inc. | DC | 41,241 | $15.0B | $363,011 | $7,169 | $3.01 |
| Automatic Data Processing Inc. Pension Retirement Plan | Automatic Data Processing, Inc. | DB | 40,486 | $1.75B | $43,182 | — | $147 |
| Ernst & Young Inactive Defined Benefit Retirement Plan | Ernst & Young U.S. LLP | DB | 38,877 | $2.16B | $55,514 | — | $60.06 |
| The Prudential Employee Savings Plan | The Prudential Insurance Company of America | DC | 38,003 | $10.7B | $282,328 | $5,241 | — |
| Verizon Pension Plan for Associates | Verizon Communications Inc. | DB | 37,982 | $5.70B | $149,957 | $22,617 | $275 |
| Rwjbarnabas Health 401(k) Savings Plan | Barnabas Health Inc. | DC | 35,605 | $2.97B | $83,333 | $3,090 | $46.92 |
| Rwjbarnabas Health 403(b) Savings Plan | Barnabas Health, Inc. | DC | 34,887 | $1.50B | $42,950 | $728 | $31.45 |
| UBS 401(k) Plan Trust | UBS AG | DC | 34,848 | $10.2B | $292,500 | $8,975 | $375 |
| Verizon Management Pension Plan | Verizon Corporate Services Group Inc. | DB | 34,802 | $1.64B | $47,157 | $8,775 | $138 |
| Bristol-Myers Squibb Company Savings and Investment Program | Bristol-Myers Squibb Company | DC | 34,444 | $12.7B | $370,021 | $15,065 | — |
| MetLife 401(k) Plan | MetLife Group, Inc. | DC | 32,414 | $8.31B | $256,501 | $4,416 | $325 |
| BD 401(k) Plan | Becton, Dickinson and Company | DC | 31,746 | $6.49B | $204,540 | $9,167 | $35.37 |
| Conduent Savings Plan | Conduent Business Services, LLC | DC | 31,630 | $1.01B | $31,920 | $74 | $23.13 |
| U. S. Retirement Plan | Mars, Incorporated | DB | 26,885 | $5.09B | $189,155 | $1 | $604 |
| Sanofi U.S. Group Savings Plan | Sanofi-Aventis US LLC | DC | 26,596 | $8.49B | $319,398 | $15,469 | $30.68 |
| Atlantic Health System 403(b) Retirement Savings Plan | Atlantic Health System Inc. | DC | 25,995 | $1.30B | $49,904 | $2,059 | $53.23 |
| UFCW Local 1262 & Employers Pension Fund | Trustees UFCW Local 1262 Pension Fund | DB | 25,701 | $999M | $38,856 | $5,637 | $163 |
| Nokia SAVINGS/401(K) Plan | Nokia of America Corporation | DC | 24,701 | $9.63B | $389,840 | — | $837 |
| Consolidated 403(b) Plan of Hackensack Meridian Health | Hackensack Meridian Health | DC | 24,634 | $1.80B | $73,266 | — | $22.74 |
| Teamsters Pension Trust Fund of Philadelphia & Vic | Board of Trustees of Teamsters Pension Trust Fund of Philadelphia & VI | DB | 24,600 | $2.48B | $100,749 | $20,914 | $520 |
| Novartis Corporation Investment Savings Plan | Novartis Corporation | DC | 23,877 | $9.91B | $415,037 | $24,058 | $7.83 |
| Pension Plan of Local 464A | Pension Plan of Local 464A | DB | 22,307 | $1.44B | $64,653 | $1,350 | $179 |
| BD Retirement Plan | Becton Dickinson and Company | DB | 22,288 | $1.57B | $70,463 | — | $173 |
| Cwa/itu Negotiated Pension Plan | Board of Trustees Cwa/itu Negotiated Pension Plan | DB | 21,312 | $1.02B | $48,084 | $11,636 | $134 |
| Open PEP | Plan Professionals, LLC | DC | 20,927 | $354M | $16,930 | $604 | $132 |
| U.S. Associate Savings Plan | Mars, Incorporated | DC | 20,530 | $3.38B | $164,842 | $5,827 | $92.83 |
| Samsung 401(k) Plan | Samsung Electronics America, Inc. | DC | 20,495 | $3.12B | $152,249 | $6,497 | $93.74 |
| The Campbell's Company 401(k) Retirement Plan | The Campbell's Company | DC | 19,838 | $2.16B | $108,658 | $5,259 | $46.55 |
| Agc Select 401(k) PEP | Plan Professionals, LLC | DC | 19,193 | $610M | $31,764 | $1,107 | $36.65 |
| The Sparc Group LLC 401(k) Investment and Savings Plan | Sparc Group LLC | DC | 19,111 | $342M | $17,887 | $777 | $33.42 |
| UFCW Local 152 Savings Plan | Board of Trustees, UFCW Local 152 Saving | DC | 18,943 | $31.8M | $1,679 | $83 | $18.49 |
| Consolidated Pension Plan of Hackensack Meridian Health | Hackensack Meridian Health | DB | 18,210 | $1.67B | $91,485 | — | — |
| Basf Corporation Retirement Savings Plan | Basf Corporation | DC | 18,156 | $6.35B | $349,591 | $12,806 | — |
| NRG Affiliates Employee Savings Plan | NRG Affiliate Services, Inc. | DC | 17,981 | $2.33B | $129,380 | $4,057 | $40.94 |
By plan size
By industry
By plan year
Questions and answers
How many retirement plans are there in New Jersey?
2,347 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 4,091 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in New Jersey?
The median defined contribution plan reported $61,511 in net assets per participant (middle half of plans: $29,131 to $121,297); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in New Jersey?
The median defined contribution plan received $2,450 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in New Jersey?
Among defined contribution plans that report any Schedule C compensation, the median was $118 per participant and 0.23% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 and Form 5500-SF research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.