Assets by plan
Share of aggregate retirement assets
Sponsor portfolioTH
HACKENSACK MERIDIAN HEALTH
EIN 22-3474145hospital & health careLatest filing 2024
Plans
5
Retirement
4
$5.89B assets
Welfare
1
$24.6M premiums
Participants
147,122
343 THORNALL STREET - EDISON, NJ 08837848-888-4400hackensackmeridianhealth.orgLinkedIn10001+ employeeshospital & health care
Retirement portfolio analytics
4 plans aggregated / $5.89B assets / 109,409 participantsRecordkeeper share
DC plan assets by Schedule C recordkeeper
72%top
- TIAA72%
- (Not disclosed)28%
Participants by plan
Active + retired + deferred vested
Benefits portfolio analytics
1 plan / $24.6M premiums / 37,713 covered livesCoverage by line
Premium dollars by benefit type (bundled lines overlap)
- Life$15.3M
- Other$11.5M
- Short-term disability$7.3M
- Vision$4.1M
- Dental$1.2M
- Health$442K
Carrier market share
Premium dollars by Schedule A carrier
33%top
- UNUM LIFE INSURANCE COMPANY OF AMERICA33%
- LIFE INSURANCE COMPANY OF NORTH AMERICA32%
- HORIZON HEALTHCARE SERVICES, INC.20%
- METROPOLITAN LIFE INSURANCE COMPANY9%
- UNITEDHEALTHCARE INSURANCE COMPANY3%
- +2 more
Broker market share
Schedule A broker compensation
59%top
- AON CONSULTING INC59%
- THE JAMES B OSWALD COMPANY30%
- ALLIANT INSURANCE SERVICES, INC.4%
- GALLAGHER BENEFIT SERVICES, INC.4%
- CUSTOM BENEFIT PROGRAMS INC3%
- +1 more
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#011
HMH 401(K) SAVINGS PLAN
401k
Assets$2.13B
Participants55,699
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#016
CONSOLIDATED 403(B) PLAN OF HACKENSACK MERIDIAN HEALTH
403b
Assets$1.80B
Participants24,634
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#001
CONSOLIDATED PENSION PLAN OF HACKENSACK MERIDIAN HEALTH
CashBalance
Assets$1.67B
Participants18,210
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#015
CONSOLIDATED DEFINED CONTRIBUTION PLAN OF HACKENSACK MERIDIAN HEALTH
ProfitSharing
Assets$290.3M
Participants10,866
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501
HACKENSACK MERIDIAN HEALTH HEALTH AND WELFARE PLAN
Mixed - LIFE INSURANCE COMPANY OF NORTH AMERICA
Premiums$24.6M
Covered lives37,713
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans4
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 011 | HMH 401(K) SAVINGS PLAN | 401k | $2.13B | 55,699 | 2024 | |
| 016 | CONSOLIDATED 403(B) PLAN OF HACKENSACK MERIDIAN HEALTH | 403b | $1.80B | 24,634 | 2024 | |
| 001 | CONSOLIDATED PENSION PLAN OF HACKENSACK MERIDIAN HEALTH | CashBalance | $1.67B | 18,210 | 2024 | |
| 015 | CONSOLIDATED DEFINED CONTRIBUTION PLAN OF HACKENSACK MERIDIAN HEALTH | ProfitSharing | $290.3M | 10,866 | 2024 |
Welfare plans1
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 501 | HACKENSACK MERIDIAN HEALTH HEALTH AND WELFARE PLAN | Mixed | LIFE INSURANCE COMPANY OF NORTH AMERICA | $24.6M | 37,713 | 2024 |
Retirement plans
Welfare plans