401(k) · DOL Form 5500 · 2023

Metlife Group, Inc. 401(k) Plan

Data updated 2026-08-25

$7.7B
Total assets Very large vs avg
14,594
Participants Very large workforce
100th
Percentile by assets National rank
$525,067
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Metlife 401(k) Plan · Sponsored by Metlife Group, Inc. · New Jersey · Finance & Insurance

$7.7B in assets, 14,594 participants

Metlife Group, Inc.'s Metlife 401(k) Plan reported $7.7B in total assets and 14,594 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.

  • #8,839 in Finance & Insurance (8,869 peers)

Coverage in New Jersey

Metlife 401(k) Plan covers 14,594 participants in New Jersey, 17x the typical New Jersey plan (state average ~844 per filing). Assets: $7.7B.

#8,839
in Finance & Insurance (8,869 peers)
+8.8%
assets growth YoY
77×
vs typical plan assets (national mean)

Metlife 401(k) Plan's outsized position by total assets

Metlife 401(k) Plan vs every filed plan by assets

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

$7,662,820,799 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 401(k) 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 401(k) Plan is a mega filing (14,594 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Metlife 401(k) Plan reported net income rose from -$1.3B in the plan year 2022 filing to $615M in the plan year 2023 filing.
  • Metlife 401(k) Plan end-of-year assets rose from $7.0B in the plan year 2022 filing to $7.7B in the plan year 2023 filing.
  • Metlife 401(k) Plan reported participants rose from 13,762 in the plan year 2022 filing to 14,594 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 · 401(k)

Metlife 401(k) Plan · $7.7B · 14,594 · 100th

  • RANK $7.7B
  • RANK 14,594
  • RANK 100th
  • RANK 401(k)
  • RANK near Bp Employee Savings Plan
  • RANK ind #8839

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 401(k) Plan in the asset neighbourhood

Bp Employee Savings Plan$7.7BMetlife 401(k) Plan$7.7BNationwide Savings Plan$7.6BFord Motor Co. Tax-Efficient Savings Plan for Hourly EmployeesFord Motor Co. Tax-Efficient…$7.6BAstrazeneca Savings and Security PlanAstrazeneca Savings and Secu…$7.6B
End-of-year total assets ($B) among Metlife 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$7.0B
Net Assets (End of Year)$7.7B
Net Income$615M
Employer EIN550790010
Plan Effective Date1970-05-01
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 401(k) Plans in New Jersey

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Metlife 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000 01020304050 Total assets ($B) Participants Metlife 401(k) Plan, Total assets ($B): 7.662820799 · Participants: 14594Metlife 401(k) PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Metlife 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Metlife 401(k) Plan side-by-side with 3 peers →

Scale composition for Metlife 401(k) Plan

Metlife 401(k) Plan reports $7.7B in end-of-year assets across 14,594 participants (0.062% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.016% of 93,925,755 covered participants) - about $525,067 per participant (3.8x the national average assets-per-participant) . Net income for plan year 2023 was $615M.

This plan identity (EIN 550790010, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $7.0B to $8.3B (+18.0%) while covered participants moved from 13,762 to 14,717 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 13,762 $7.0B Open filing
2023 14,594 $7.7B This page
2024 · index core 14,717 $8.3B Open filing

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

Metlife 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Bp Employee Savings Plan in TX ($7.7B); by covered participants it is Bob Evans Restaurants, LLC 401(k) Retirement Plan in OH (14,600 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($7.7B here).

Similar participant headcount

Nearest other-state filings by covered participants (14,594 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 401(k) Plan assets move in 2023? ▼
Metlife 401(k) Plan grew at a solid clip - up 8.8% during 2023, from $7.0B to $7.7B. Reported net income was $615M.
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 401(k) Plan rank by assets among Form 5500 filers? ▼
Metlife 401(k) 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 401(k) plans are similar in size to Metlife 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Bp Employee Savings Plan in TX ($7.7B, 9,049 participants).
Which 401(k) plans cover a similar participant headcount to Metlife 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Bob Evans Restaurants, LLC 401(k) Retirement Plan in OH (14,600 participants, $98M 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.