Plan Ledger DOL Form 5500 · updated monthly

Metlife Group, Inc.401(k)

METLIFE 401(K) PLAN · BRIDGEWATER, NJ · plan year 2024

Reported admin expense ratio · 2024
0.13%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Metlife Group, Inc. reported $10,314,080 in plan administrative expenses for 2024: 0.13% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,416 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.14% to 0.13%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other finance & insurance employers. By assets it is the 15th-largest of 2,419 plans among New Jersey employers on file, and the 25th of 4,798 in finance & insurance. In 2024, employees put in $2.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,314,214,679
Participants with balances31,714
Active participants14,863
Employer contributions$65,639,028
Employee contributions$158,008,668
Employer contribution per active participant$4,416
Average account balance$262,162
Benefits paid to participants$673,519,066
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.3B · 31,714 accts · $65.6M emplr
2023$7.7B · 32,603 accts · $64.1M emplr
2022$7.0B · 33,520 accts · $59.3M emplr
Administrative expenses, itemized · 2024
Investment management$10,314,080
Total administrative$10,314,080
The Metlife Group, Inc. 401(k) match · 2024
Employer contribution per active participant$4,416
Median for plans this size$5,259
2024$4,416 per active participant
2023$4,357 per active participant
2022$4,060 per active participant

Metlife Group, Inc.'s 2024 employer contribution ran below the $5,259 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
METLIFE INSURANCE COMPANY · Investment management$7,614,494
BAILLIE GIFFORD OVERSEAS LTD · Investment management$1,734,299
METLIFE INVEST MANAGEMENT HOLDINGS · Investment management$1,029,551
ALIGHT FINANCIAL SOLUTIONS LLC · Securities brokerage$9,456
PERSHING LLCindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$10,314,080 · 0.13%
2023$10,338,759 · 0.14%
2022$10,987,447 · 0.14%
Same employer
Similar plansFinance & Insurance · New Jersey
Ubs AG NJ$10.2B · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550790010 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.