Defined Benefit (Pension) · DOL Form 5500 · 2022

Merck & Co., Inc. Pension Plan

Data updated 2026-08-25

$673M
Total assets Above avg plan size
3,186
Participants Above avg headcount
98th
Percentile by assets National rank
$211,085
Avg per participant Above avg balance/head
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Official DOL plan name: Retirement Plan for the Hourly Employees of Msd · Sponsored by Merck & Co., Inc. · New Jersey · Manufacturing

$673M in assets, 3,186 participants

Merck & Co., Inc.'s Retirement Plan for the Hourly Employees of Msd reported $673M in total assets and 3,186 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • #20,024 in Manufacturing (20,602 peers)

Coverage in New Jersey

Retirement Plan for the Hourly Employees of Msd covers 3,186 participants in New Jersey, 3.8x the typical New Jersey plan (state average ~844 per filing). Assets: $673M.

#20,024
in Manufacturing (20,602 peers)
-32.3%
assets change YoY
6.7×
vs typical plan assets (national mean)

The plan reported a net loss of $321M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Retirement Plan for the Hourly Employees of Msd's outsized position by total assets

Retirement Plan for the Hourly Employees of Msd vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$672,517,892 Top 2% higher than 98% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Retirement Plan for the Hourly Employees of Msd's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Retirement Plan for the Hourly Employees of Msd lands in the large band (3,186 participants).

EBSA filing schedule strip

Filing strip 221918501 · Merck & Co., Inc. PY 2022 · Defined Benefit (Pension)

Retirement Plan for the Hourly Employees of Msd · $673M · 3,186 · 98th

  • SCH $673M
  • SCH 3,186
  • SCH 98th
  • SCH Defined Benefit (Pension)
  • SCH near Legacy Allergan, Inc. Pension Plan
  • SCH ind #20024

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in New Jersey →

Retirement Plan for the Hourly Employees of Msd in the asset neighbourhood

Navistar, Inc. Salaried Employees Pension PlanNavistar, Inc. Salaried Empl…$676MRetirement Plan for the Hourly Employees of MsdRetirement Plan for the Hour…$673MLegacy Allergan, Inc. Pension PlanLegacy Allergan, Inc. Pensio…$672MBeth Israel Lahey Health Defined Benefit Plan IBeth Israel Lahey Health Def…$671MSpirit Aerosystems Holdings, Inc. Pension Value Plan aSpirit Aerosystems Holdings,…$670M
End-of-year total assets ($M) among Retirement Plan for the Hourly Employees of Msd and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

New Jersey filing particulars

Total Assets (Beginning of Year)$993M
Net Assets (End of Year)$673M
Net Income-$321M
Employer EIN221918501
Plan Effective Date1956-07-01
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Merck & Co., Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$26.3B 18.13047230036898% vs 2022
2024 filing year
$20B$22B$24B$26B$28B 202220232024 $22.2B $26.3B ▲ +18.1%
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.

Retirement Plan for the Hourly Employees of Msd vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Retirement Plan for the Hourly Employees of Msd, Total assets ($B): 0.672517892 · Participants: 3186Retirement Plan for the Hourly Employees of MsdRetirement Plan of Johnson and Johnson, Total assets ($B): 19.833052673 · Participants: 38100Retirement Plan of Johnson and JohnsonJPMorgan Chase Retirement Plan, Total assets ($B): 14.820156855 · Participants: 102340JPMorgan Chase Retirement PlanNokia Retirement Income Plan, Total assets ($B): 14.495801 · Participants: 7413Nokia Retirement Income PlanThe Prudential Merged Retirement Plan, Total assets ($B): 12.277296822 · Participants: 17538The Prudential Merged Retirement PlanVerizon Pension Plan for Associates, Total assets ($B): 10.941506503 · Participants: 25746Verizon Pension Plan for Associates
Retirement Plan for the Hourly Employees of Msd vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare Retirement Plan for the Hourly Employees of Msd side-by-side with 3 peers →

Retirement Plan for the Hourly Employees of Msd's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Legacy Allergan, Inc. Pension Plan in IL ($672M); by covered participants it is Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust in MA (3,181 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,186 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Retirement Plan for the Hourly Employees of Msd assets move in 2022? ▼
Retirement Plan for the Hourly Employees of Msd contracted severely - down 32.3% during 2022, from $993M to $673M. Reported net income was -$321M.
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 Retirement Plan for the Hourly Employees of Msd rank by assets among Form 5500 filers? ▼
Retirement Plan for the Hourly Employees of Msd ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Retirement Plan for the Hourly Employees of Msd? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Legacy Allergan, Inc. Pension Plan in IL ($672M, 290 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Retirement Plan for the Hourly Employees of Msd? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust in MA (3,181 participants, $911M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 221918501.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.