Defined Benefit (Pension) · DOL Form 5500 · 2024
Merck & Co., Inc. Pension Plan
Data updated 2026-08-11
- $660M
- Total assets
- 2,880
- Participants
- 98th
- Percentile by assets
- $229,229
- Avg per participant
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.
- 98th percentile by assets (of 123,622 plans)
- #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.
- $660M
- total plan assets (2024 EOY)
- 2,880
- covered participants
- 98th
- percentile by assets (of 123,622 plans)
- $229,229
- avg assets per participant
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.
Participants vs New Jersey filers
In New Jersey, the average filing covers about 844 participants across 4,145 plans. Retirement Plan for the Hourly Employees of Msd reports 2,880 participants - 3.4x that state average ($660M EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $617M |
|---|---|
| Net Assets (End of Year) | $660M |
| Net Income | $43M |
| Employer EIN | 221918501 |
| Plan Effective Date | 1956-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Merck & Co., Inc.)
| 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
- Retirement Plan of Johnson and Johnson $21.1B · 37,882
- JPMorgan Chase Retirement Plan $16.1B · 83,812
- Nokia Retirement Income Plan $12.9B · 7,280
- The Prudential Merged Retirement Plan $12.0B · 16,233
- Merck US Pension Plan $10.1B · 26,843
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Retirement Plan for the Hourly Employees of Msd by total assets, not by location.
- GE Healthcare Legacy Affiliates Pension Plan (IL) $659M · 256
- Alaska Laborers-Employers Retirement Fund (WA) $658M · 1,653
- Road Carriers Local 707 Pension Fund (NY) $664M · 520
- Structural Iw Local #1 Pension Plan (IL) $664M · 1,224
Frequently Asked Questions
How did Retirement Plan for the Hourly Employees of Msd assets move in 2024? ▼
How have Merck & Co., Inc. plan assets changed over time? ▼
Where does Retirement Plan for the Hourly Employees of Msd rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Retirement Plan for the Hourly Employees of Msd? ▼
Next read for Retirement Plan for the Hourly Employees…
Filing takeaways
Ways to act on Retirement Plan for the Hourly Employees of Msd's numbers.
- By total assets, Retirement Plan for the Hourly Employees of Msd ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New Jersey. Compare plans
- Merck & Co., Inc.'s sponsor-wide assets have grown 18.1% since 2022 across 3 plan years on file. More Manufacturing plans