Defined Benefit (Pension) · DOL Form 5500 · 2022

Merck & Co., Inc. Pension Plan

Data updated 2026-08-11

$9.6B
Total assets
23,981
Participants
100th
Percentile by assets
$399,050
Avg per participant
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Official DOL plan name: Merck US Pension Plan · Sponsored by Merck & Co., Inc. · New Jersey · Manufacturing

$9.6B in assets, 23,981 participants

Merck & Co., Inc.'s Merck US Pension Plan reported $9.6B in total assets and 23,981 participants in its 2022 DOL Form 5500 filing, ranking in the 100th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 100th percentile by assets (of 139,126 plans)
  • #20,555 in Manufacturing (20,602 peers)

Coverage in New Jersey

Merck US Pension Plan covers 23,981 participants in New Jersey, 28x the typical New Jersey plan (state average ~844 per filing). Assets: $9.6B.

$9.6B
total plan assets (2022 EOY)
23,981
covered participants
100th
percentile by assets (of 139,126 plans)
$399,050
avg assets per participant

The plan reported a net loss of $3.8B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Merck US Pension Plan reports 23,981 participants - 28x that state average ($9.6B EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$13.3B
Net Assets (End of Year)$9.6B
Net Income-$3.8B
Employer EIN221918501
Plan Effective Date1956-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Merck & Co., Inc.)

$20B$22B$24B$26B$28B 202220232024 $22.2B $26.3B ▲ +18.1%
Total plan assets by year, all Merck & Co., Inc. plans on file
Year Plans Participants Total Assets
2022 4 55,803 $22.2B
2023 4 57,497 $24.8B
2024 4 59,874 $26.3B

Nearby Defined Benefit (Pension) Plans in New Jersey

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Merck US Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Merck US Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 050000100000150000 510152025 Total assets ($B) Participants Merck US Pension PlanRetirement Plan of J…JPMorgan Chase Retir…Nokia Retirement Inc…The Prudential Merge…Verizon Pension Plan…
Merck US Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Scale composition for Merck US Pension Plan

Merck US Pension Plan reports $9.6B in end-of-year assets across 23,981 participants (0.078% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.026% of 93,925,755 covered participants) - about $399,050 per participant (2.9x the national average assets-per-participant) . Net income for plan year 2022 was -$3.8B.

This plan identity (EIN 221918501, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $9.6B to $10.1B (+5.4%) while covered participants moved from 23,981 to 26,843 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 23,981 $9.6B This page
2023 25,223 $10.2B Open filing
2024 · index core 26,843 $10.1B Open filing

The same sponsor also keeps 4 other index-core plans on PlainRetire:

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Merck US Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Merck US Pension Plan assets move in 2022?
Merck US Pension Plan declined sharply - down 28.3% during 2022, from $13.3B to $9.6B. Reported net income was -$3.8B.
How have Merck & Co., Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Merck & Co., Inc.'s sponsor-wide assets grew 18.1%, from $22.2B to $26.3B.
Where does Merck US Pension Plan rank by assets among Form 5500 filers?
Merck US Pension Plan ranks in the 100th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Merck US Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is UPS Pension Plan in GA ($9.6B, 151,682 participants).

Filing takeaways

Ways to act on Merck US Pension Plan's numbers.