Metlife 401(K) Plan — Form 5500 plan (Metlife Group, Inc.)
Plain-English plan 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, Metlife 401(K) Plan is a benefit plan reported by Metlife Group, Inc. under EIN 55-0790010 and plan number 003. The latest loaded filing year is 2023. The filing reports 33,520 participants and $7,662,820,799 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Metlife Group, Inc.
- EIN
- 55-0790010
- Plan number
- 003
- Plan type
- 2
- Location
- Bridgewater, NJ
- Latest filing year
- 2023
- Participants
- 33,520
- End-of-year plan assets
- $7,662,820,799
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 33,520 | H, C | 20241008081623NAL0017271841001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,662,820,799
- Total liabilities (EOY)
- $7,100,042
- Net assets (EOY)
- $7,655,720,757
- Net assets (BOY)
- $7,040,852,043
Income & contributions
- Employer contributions
- $64,117,106
- Participant contributions
- $151,097,176
- Total contributions
- $223,581,179
- Total income / additions
- $1,320,181,380
Expenses & distributions
- Benefits paid
- $694,774,093
- Administrative expenses
- $10,338,759
- Total expenses
- $705,312,666
- Net increase / (decrease)
- $614,868,714
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Metlife Insurance Company | PARTY-IN-INTEREST | $7,916,050 | not reported in the loaded dataset | 2023 |
| Baillie Gifford Overseas Ltd | NONE | $1,631,922 | not reported in the loaded dataset | 2023 |
| Metlife Invest Management Holdings | NONE | $868,784 | not reported in the loaded dataset | 2023 |
| Alight Financial Solutions LLC | NONE | $8,110 | $46,842 | 2023 |
| Pershing LLC | NONE | $0 | $50,740 | 2023 |
| The Northern Trust Company | RECORDKEEPER | $38,576 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Metlife Group, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in Bridgewater, NJ
- Metlife Insurance Company — Schedule C compensation
- Baillie Gifford Overseas Ltd — Schedule C compensation
- Metlife Invest Management Holdings — Schedule C compensation
- Alight Financial Solutions LLC — Schedule C compensation
- Pershing LLC — Schedule C compensation
- The Northern Trust Company — Schedule C compensation