2023 Form 5500 filing — Metlife 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241008081623NAL0017271841001) for Metlife 401(K) Plan, reported by Metlife Group, Inc. under EIN 55-0790010 and plan number 003. It reports 33,520 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008081623NAL0017271841001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Metlife Group, Inc.
- EIN
- 55-0790010
- Plan number
- 003
- Location
- Bridgewater, NJ
- Participants
- 33,520
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $7,662,820,799
- Total liabilities (EOY)
- $7,100,042
- Net assets (EOY)
- $7,655,720,757
- Employer contributions
- $64,117,106
- Participant contributions
- $151,097,176
- Total income / additions
- $1,320,181,380
- Benefits paid
- $694,774,093
- Administrative expenses
- $10,338,759
- Total expenses
- $705,312,666
- Net increase / (decrease)
- $614,868,714
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Metlife Insurance Company | PARTY-IN-INTEREST | $7,916,050 | not reported in the loaded dataset |
| Baillie Gifford Overseas Ltd | NONE | $1,631,922 | not reported in the loaded dataset |
| Metlife Invest Management Holdings | NONE | $868,784 | not reported in the loaded dataset |
| Alight Financial Solutions LLC | NONE | $8,110 | $46,842 |
| Pershing LLC | NONE | $0 | $50,740 |
| The Northern Trust Company | RECORDKEEPER | $38,576 | $0 |