Defined Benefit (Pension) · DOL Form 5500 · 2023

Metlife Group, Inc. Pension Plan

Data updated 2026-08-25

$7.9B
Total assets Very large vs avg
12,300
Participants Very large workforce
100th
Percentile by assets National rank
$641,609
Avg per participant High balance/head
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Official DOL plan name: Metlife Retirement Plan · Sponsored by Metlife Group, Inc. · New Jersey · Finance & Insurance

$7.9B in assets, 12,300 participants

Metlife Group, Inc.'s Metlife Retirement Plan reported $7.9B in total assets and 12,300 participants in its 2023 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.

  • #8,842 in Finance & Insurance (8,869 peers)

Coverage in New Jersey

Metlife Retirement Plan covers 12,300 participants in New Jersey, 15x the typical New Jersey plan (state average ~844 per filing). Assets: $7.9B.

#8,842
in Finance & Insurance (8,869 peers)
-0.6%
assets change YoY
79×
vs typical plan assets (national mean)

The plan reported a net loss of $34M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Metlife Retirement Plan's outsized position by total assets

Metlife Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$7,891,796,721 Highest reported value at or above every one of 127,068 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 2023

Metlife Retirement Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Metlife Retirement Plan is a mega filing (12,300 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Metlife Retirement Plan reported net income rose from -$2.7B in the plan year 2022 filing to -$34M in the plan year 2023 filing.
  • Metlife Retirement Plan reported participants rose from 11,969 in the plan year 2022 filing to 12,300 in the plan year 2023 filing.
  • Metlife Retirement Plan end-of-year assets fell from $7.9B in the plan year 2022 filing to $7.9B in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 550790010 · Metlife Group, Inc. PY 2023 · Defined Benefit (Pension)

Metlife Retirement Plan · $7.9B · 12,300 · 100th

  • PCT $7.9B
  • EIN 12,300
  • RANK 100th
  • PHOTO Defined Benefit (Pension)
  • IND near John Deere Pension Plan for Salaried Employees
  • EOY ind #8842

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 Finance & Insurance retirement plans → · Plans in New Jersey →

Metlife Retirement Plan in the asset neighbourhood

United Food & Commercial Workers Intl Union - Industry Pension FundUnited Food & Commercial Wor…$8.0BJohn Deere Pension Plan for Salaried EmployeesJohn Deere Pension Plan for …$8.0BMetlife Retirement Plan$7.9BAbbott Laboratories Annuity Retirement PlanAbbott Laboratories Annuity …$7.8BBoilermaker-Blacksmith National Pension TrustBoilermaker-Blacksmith Natio…$7.8B
End-of-year total assets ($B) among Metlife Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$7.9B
Net Assets (End of Year)$7.8B
Net Income-$34M
Employer EIN550790010
Plan Effective Date1928-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Metlife Group, Inc.)

Sponsor-wide plan assets over time

All Metlife Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$16.2B 8.30680678404103% vs 2022
2024 filing year
$14.5B$15B$15.5B$16B$16.5B 202220232024 $15B $16.2B ▲ +8.3%
Year Plans Participants Total Assets
2022 2 25,731 $15.0B
2023 2 26,894 $15.6B
2024 2 27,980 $16.2B

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Metlife Retirement Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 510152025 Total assets ($B) Participants Metlife Retirement Plan, Total assets ($B): 7.891796721 · Participants: 12300Metlife Retirement PlanRetirement Plan of Johnson and Johnson, Total assets ($B): 21.174819996 · Participants: 37749Retirement Plan of Johnson and JohnsonJPMorgan Chase Retirement Plan, Total assets ($B): 16.279006871 · Participants: 90644JPMorgan Chase Retirement PlanNokia Retirement Income Plan, Total assets ($B): 13.864923 · Participants: 7492Nokia Retirement Income PlanThe Prudential Merged Retirement Plan, Total assets ($B): 12.225782081 · Participants: 16230The Prudential Merged Retirement PlanVerizon Pension Plan for Associates, Total assets ($B): 10.930667796 · Participants: 23778Verizon Pension Plan for Associates
Metlife Retirement Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare Metlife Retirement Plan side-by-side with 3 peers →

Scale composition for Metlife Retirement Plan

Metlife Retirement Plan reports $7.9B in end-of-year assets across 12,300 participants (0.064% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $641,609 per participant (4.6x the national average assets-per-participant) . Net income for plan year 2023 was -$34M.

This plan identity (EIN 550790010, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $7.9B to $7.9B (-0.3%) while covered participants moved from 11,969 to 13,263 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 11,969 $7.9B Open filing
2023 12,300 $7.9B This page
2024 · index core 13,263 $7.9B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Metlife Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is John Deere Pension Plan for Salaried Employees in IL ($8.0B); by covered participants it is Firstenergy Corp. Master Pension Plan in OH (12,304 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (12,300 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Metlife Retirement Plan assets move in 2023? ▼
Metlife Retirement Plan held essentially flat - down 0.6% during 2023, from $7.9B to $7.9B. Reported net income was -$34M.
How have Metlife Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Metlife Group, Inc.'s sponsor-wide assets grew 8.3%, from $15.0B to $16.2B.
Where does Metlife Retirement Plan rank by assets among Form 5500 filers? ▼
Metlife Retirement Plan ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Metlife Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is John Deere Pension Plan for Salaried Employees in IL ($8.0B, 16,346 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Metlife Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Firstenergy Corp. Master Pension Plan in OH (12,304 participants, $7.1B in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 550790010.

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.