# Consolidated Pension Plan of Hackensack Meridian Health

Consolidated Pension Plan of Hackensack Meridian Health is a Pension Fund based in Edison, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Edison, United States
- **Region:** North America
- **Address:** Edison, NJ, United States
- **Assets under management:** Undisclosed
- **Website:** hackensackmeridianhealth.org

## Regulatory record

- **Reports private funds:** No

## About

The Consolidated Pension Plan of Hackensack Meridian Health administers defined benefit retirement assets exclusively for the employees of the New Jersey-based hospital network. The plan assumed its current structure on December 31, 2018, when the Meridian Hospitals Corporation Cash Balance Plan was renamed and merged into the consolidated entity following the union of Hackensack University Health Network and Meridian Health. Employer contributions fully fund the benefits, placing the plan's liability management squarely in the hands of an internal investment office led by Donna Snider, who joined the system after serving as a Managing Director at the Kresge Foundation. Snider's team allocates across a deliberately diversified mix that includes public equities, fixed income, and a growing alternative investment portfolio targeting private equity, venture capital, and real assets. The fund also maintains a separate Long-Term Care commercial real estate portfolio in New Jersey alongside a dedicated Alternative Investment Portfolio domiciled in Edison. Donna Snider operates beyond the pension lane. She holds a seat on the board of the Josiah Macy Foundation, where she chairs the Investment Committee, and is an active member of 100 Women in Finance and a supporter of Impact 100 Jersey Coast. The Hackensack Meridian Health Foundation serves as the system's primary philanthropic vehicle, operating adjacently to the pension plan. The pension fund does not publicly disclose total assets under management or annual deployment figures. The fund's structural distinction lies in its embedded nature: it is a single-sponsor corporate pension plan wholly tied to an operating healthcare system that directly controls the plan's investment office, foundation, and hospital partnerships. That architecture means the CIO's capital allocation decisions can align with the parent system's strategic priorities — such as the Apollo Hospitals innovation partnership — in ways that a standalone public pension fund cannot execute.

## Sectors

- Healthcare Services

## People

- Donna Snider — SVP and Chief Investment Officer
- Robert C. Garrett — CEO, Hackensack Meridian Health

## Questions

### Who runs investment decisions at the Hackensack Meridian Health pension plan?

Donna Snider serves as SVP and Chief Investment Officer. She joined Hackensack Meridian Health after a tenure as Managing Director at the Kresge Foundation and now leads the internal investment office overseeing the consolidated defined benefit plan's portfolio. She also chairs the Investment Committee of the Josiah Macy Foundation.

### What is the plan's AUM?

The Consolidated Pension Plan of Hackensack Meridian Health does not publicly disclose assets under management. Given the plan's structure as a private single-sponsor corporate pension vehicle, no public filing has surfaced a current AUM figure.

### How is the Hackensack Meridian pension fund related to the hospital system?

The plan is the consolidated defined benefit vehicle exclusively for Hackensack Meridian Health employees. Hackensack Meridian Health CEO Robert C. Garrett leads the parent system, while Donna Snider runs the investment office. Employer contributions fund all plan benefits, and the plan operates alongside the Hackensack Meridian Health Foundation, the system's philanthropic arm.

### Does the pension fund maintain a publicly accessible investment policy?

No investment policy statement is publicly available. The plan does not maintain a dedicated external-facing website separate from the Hackensack Meridian Health corporate domain, and its specific allocation targets and manager roster remain private.

### Is the plan's CIO involved outside of the pension fund?

Yes. Donna Snider is a board member and Investment Committee Chair of the Josiah Macy Foundation. She is also an active participant in 100 Women in Finance and a supporter of Impact 100 Jersey Coast, extending her institutional investment network beyond the health system's pension mandate.

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Last updated: 2026-08-11T02:43:31.692Z

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