401(k) · DOL Form 5500 · 2023
Metlife Group, Inc. 401(k) Plan
Data updated 2026-08-06
- $7.7B
- Total assets
- 14,594
- Participants
- 100th
- Percentile by assets
- $525,067
- Avg per participant
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.
- 100th percentile by assets (of 126,618 plans)
- #8,822 in Finance & Insurance (8,852 peers)
Coverage in New Jersey
Metlife 401(k) Plan covers 14,594 participants in New Jersey, 17x the typical New Jersey plan (state average ~865 per filing). Assets: $7.7B.
- $7.7B
- total plan assets (2023 EOY)
- 14,594
- covered participants
- 100th
- percentile by assets (of 126,618 plans)
- $525,067
- avg assets per participant
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.
Participants vs New Jersey filers
In New Jersey, the average filing covers about 865 participants across 3,927 plans. Metlife 401(k) Plan reports 14,594 participants - 17x that state average ($7.7B EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $7.0B |
|---|---|
| Net Assets (End of Year) | $7.7B |
| Net Income | $615M |
| Employer EIN | 550790010 |
| Plan Effective Date | 1970-05-01 |
| 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 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
- JPMorgan Chase 401(k) Savings Plan $44.6B · 176,610
- Verizon Savings Plan for Management Employees $27.8B · 78,072
- Johnson and Johnson Savings Plan $22.2B · 41,291
- Ernst & Young Retirement Savings Plan $15.5B · 59,346
- Merck US Savings Plan $13.4B · 26,850
Scale composition for Metlife 401(k) Plan
Metlife 401(k) Plan reports $7.7B in end-of-year assets across 14,594 participants (0.066% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.016% of 89,805,449 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 (401(k), $8.3B, 14,717 participants)
- Metlife Retirement Plan (Defined Benefit (Pension), $7.9B, 13,263 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Metlife 401(k) Plan by total assets, not by location.
- Bp Employee Savings Plan (TX) $7.7B · 9,049
- Nationwide Savings Plan (OH) $7.6B · 24,715
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees (MI) $7.6B · 59,195
- Astrazeneca Savings and Security Plan (DE) $7.6B · 13,734
Frequently Asked Questions
How did Metlife 401(k) Plan assets move in 2023? ▼
How have Metlife Group, Inc. plan assets changed over time? ▼
Where does Metlife 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Metlife 401(k) Plan? ▼
Next read for Metlife 401(k) Plan
Filing takeaways
Ways to act on Metlife 401(k) Plan's numbers.
- By total assets, Metlife 401(k) Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) 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