Plan Snapshot
- Plan Sponsor: Metlife Group, INC.
- Sponsor EIN: 550790010
- Sponsor Address: 501 US HIGHWAY 22 WEST, BRIDGEWATER, NJ, 088072441
- Plan Type: DB
- Total Participants: 13,404
- Total Assets: $7.9B
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 | 13,404 | $7.9B | $260.0M | $0 |
| 2023 | 13,263 | $7.9B | $0 | $0 |
| 2022 | 12,192 | $7.9B | $0 | $0 |
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 |
|---|---|---|---|---|
| METROPOLITAN LIFE INSURANCE COMPANY | PLAN SPONSOR | $23,402,439 | — | $23,402,439 |
| ALIGHT SOLUTIONS LLC | RECORDKEEPER | $1,177,000 | — | $1,177,000 |
| AUTOMATIC DATA PROCESSING | NONE | $621,362 | — | $621,362 |
| MILLIMAN | NONE | $53,374 | — | $53,374 |
| DELOITTE AND TOUCHE, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT SOLUTIONS LLC — RECORDKEEPER
- MILLIMAN — NONE
- DELOITTE AND TOUCHE, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,254,175
- Estimated Expense Ratio: 0.319% 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 | $29,082,757 | $24,237,119 | $3,436,034 | — | — |
| 2023 | $32,512,514 | $26,213,053 | $2,643,795 | — | — |
| 2022 | $31,060,477 | $25,908,607 | — | — | $4,102,382 |