Defined Benefit (Pension) · DOL Form 5500 · 2024

Merck & Co., Inc. Pension Plan

Data updated 2026-08-25

$660M
Total assets Above avg plan size
2,880
Participants Above avg headcount
98th
Percentile by assets National rank
$229,229
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

$660M in assets, 2,880 participants

Merck & Co., Inc.'s Retirement Plan for the Hourly Employees of Msd reported $660M in total assets and 2,880 participants in its 2024 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.

  • #17,143 in Manufacturing (17,777 peers)

Coverage in New Jersey

Retirement Plan for the Hourly Employees of Msd covers 2,880 participants in New Jersey, 3.4x the typical New Jersey plan (state average ~844 per filing). Assets: $660M.

#17,143
in Manufacturing (17,777 peers)
+7.0%
assets growth YoY
6.6×
vs typical plan assets (national mean)

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 2024 · DOL Form 5500

$660,180,529 Top 2% higher than 98% of 123,620 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 2024

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

Plan-year 2024 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 (2,880 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Retirement Plan for the Hourly Employees of Msd reported net income rose from -$55M in the plan year 2023 filing to $43M in the plan year 2024 filing.
  • Retirement Plan for the Hourly Employees of Msd end-of-year assets rose from $617M in the plan year 2023 filing to $660M in the plan year 2024 filing.
  • Retirement Plan for the Hourly Employees of Msd reported participants fell from 2,937 in the plan year 2023 filing to 2,880 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 221918501 · Merck & Co., Inc. PY 2024 · Defined Benefit (Pension)

Retirement Plan for the Hourly Employees of Msd · $660M · 2,880 · 98th

  • 5500 $660M
  • ASSETS 2,880
  • PCT 98th
  • EIN Defined Benefit (Pension)
  • RANK near GE Healthcare Legacy Affiliates Pension Plan
  • PHOTO ind #17143

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

Structural Iw Local #1 Pension PlanStructural Iw Local #1 Pensi…$664MRoad Carriers Local 707 Pension FundRoad Carriers Local 707 Pens…$664MRetirement Plan for the Hourly Employees of MsdRetirement Plan for the Hour…$660MGE Healthcare Legacy Affiliates Pension PlanGE Healthcare Legacy Affilia…$659MAlaska Laborers-Employers Retirement FundAlaska Laborers-Employers Re…$658M
End-of-year total assets ($M) among Retirement Plan for the Hourly Employees of Msd and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$617M
Net Assets (End of Year)$660M
Net Income$43M
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. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Retirement Plan for the Hourly Employees of Msd, Total assets ($B): 0.660180529 · Participants: 2880Retirement Plan for the Hourly Employees of MsdRetirement Plan of Johnson and Johnson, Total assets ($B): 21.095569114 · Participants: 37882Retirement Plan of Johnson and JohnsonJPMorgan Chase Retirement Plan, Total assets ($B): 16.066557714 · Participants: 83812JPMorgan Chase Retirement PlanNokia Retirement Income Plan, Total assets ($B): 12.855309 · Participants: 7280Nokia Retirement Income PlanThe Prudential Merged Retirement Plan, Total assets ($B): 12.025028912 · Participants: 16233The Prudential Merged Retirement PlanMerck US Pension Plan, Total assets ($B): 10.090083286 · Participants: 26843Merck US Pension Plan
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 GE Healthcare Legacy Affiliates Pension Plan in IL ($659M); by covered participants it is Eastman Retirement Assistance Plan in TN (2,885 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($660M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,880 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Retirement Plan for the Hourly Employees of Msd grew at a solid clip - up 7.0% during 2024, from $617M to $660M. Reported net income was $43M.
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 123,622 plans that reported assets for plan year 2024 (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 GE Healthcare Legacy Affiliates Pension Plan in IL ($659M, 256 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 Eastman Retirement Assistance Plan in TN (2,885 participants, $1.3B in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.