Defined Benefit (Pension) · DOL Form 5500 · 2023
Metlife Group, Inc. Pension Plan
Data updated 2026-08-06
- $7.9B
- Total assets
- 12,300
- Participants
- 100th
- Percentile by assets
- $641,609
- Avg per participant
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.
- 100th percentile by assets (of 126,618 plans)
- #8,825 in Finance & Insurance (8,852 peers)
Coverage in New Jersey
Metlife Retirement Plan covers 12,300 participants in New Jersey, 14x the typical New Jersey plan (state average ~865 per filing). Assets: $7.9B.
- $7.9B
- total plan assets (2023 EOY)
- 12,300
- covered participants
- 100th
- percentile by assets (of 126,618 plans)
- $641,609
- avg assets per participant
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.
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.
Participants vs New Jersey filers
In New Jersey, the average filing covers about 865 participants across 3,927 plans. Metlife Retirement Plan reports 12,300 participants - 14x that state average ($7.9B EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $7.9B |
|---|---|
| Net Assets (End of Year) | $7.8B |
| Net Income | -$34M |
| Employer EIN | 550790010 |
| Plan Effective Date | 1928-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Metlife Group, Inc.)
| 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
- Retirement Plan of Johnson and Johnson $21.2B · 37,749
- JPMorgan Chase Retirement Plan $16.3B · 90,644
- Nokia Retirement Income Plan $13.9B · 7,492
- The Prudential Merged Retirement Plan $12.2B · 16,230
- Verizon Pension Plan for Associates $10.9B · 23,778
Scale composition for Metlife Retirement Plan
Metlife Retirement Plan reports $7.9B in end-of-year assets across 12,300 participants (0.068% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.014% of 89,805,449 covered participants) - about $641,609 per participant (4.7x 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 401(k) Plan (401(k), $8.3B, 14,717 participants)
- Metlife Retirement Plan (Defined Benefit (Pension), $7.9B, 13,263 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Metlife Retirement Plan by total assets, not by location.
- John Deere Pension Plan for Salaried Employees (IL) $8.0B · 16,346
- Abbott Laboratories Annuity Retirement Plan (IL) $7.8B · 17,382
- United Food & Commercial Workers Intl Union - Industry Pension Fund (IL) $8.0B · 20,680
- Boilermaker-Blacksmith National Pension Trust (MO) $7.8B · 30,358
Frequently Asked Questions
How did Metlife Retirement Plan assets move in 2023? ▼
How have Metlife Group, Inc. plan assets changed over time? ▼
Where does Metlife Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Metlife Retirement Plan? ▼
Next read for Metlife Retirement Plan
Filing takeaways
Ways to act on Metlife Retirement Plan's numbers.
- By total assets, Metlife Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New Jersey. Compare plans
- Metlife Group, Inc.'s sponsor-wide assets have grown 8.3% since 2022 across 3 plan years on file. More Finance & Insurance plans