Plan Snapshot
- Plan Sponsor: Metlife Group, INC.
- Sponsor EIN: 550790010
- Sponsor Address: 501 US HIGHWAY 22 WEST, BRIDGEWATER, NJ, 088072441
- Plan Type: Health & Welfare
- Plan Number: 512
- Total Participants: 14,556
- Total Assets: $1.3B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 14,556 | $1.3B | $241.9M | $85.0M |
| 2023 | 14,442 | $1.3B | $242.4M | $84.7M |
| 2022 | 14,347 | $1.3B | $223.8M | $86.8M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EXPRESS SCRIPTS | Other Service Provider | $7,067,677 | — | $7,067,677 |
| UNITED HEALTH CARE | Other Service Provider | $6,045,927 | — | $6,045,927 |
| AETNA | Other Service Provider | $3,462,528 | — | $3,462,528 |
| METROPOLITAN LIFE INSURANCE COMPANY | Other Service Provider | $1,978,538 | $1,029,848 | $3,008,386 |
| ADP | Recordkeeper | $1,527,895 | — | $1,527,895 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,112,413
- Estimated Expense Ratio: 1.606% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $38,777,500 | $1,029,848 | $20,082,566 | — | — |
| 2023 | $41,195,810 | $19,933,656 | $21,235,231 | — | — |
| 2022 | $40,365,695 | $20,592,985 | $19,745,035 | — | — |