MetLife
recordkeeper80 known aliases resolved via the canonical alias map
Market position · 2024
Plans served111-18 YoYRank #180 of mapped providers
Assets under administration$273.8B0.3%Market share · rank #37
Fees received$46MMedian $31,675/planSum across Schedule C direct + indirect
Net wins YoY-1811 won · 29 lostPlan-level switch detection
Plans served · 5-year trajectory
Market-share plans percent annotated. Bar height is raw plan count.
Customer-base shape
What does a typical MetLife plan look like?
Service mix · median fees per plan
Count of plans where MetLife ships each service code, and the median compensation they report under it.
| Service | Plans | Median fees | Distribution |
|---|---|---|---|
Recordkeeping fees; Other feesCode 64 | 31 | $6,366 | |
Shareholder servicing fees; Investment managementCode 28 | 21 | $93,435 | |
Investment management; Contract AdministratorCode 13 | 16 | $55,251 | |
Other insurance fees and expenses; Insurance servicesCode 23 | 13 | $41,316 | |
Recordkeeping fees; Direct payment from the planCode 50 | 8 | $4,800 | |
Recordkeeping and information management (computing, tabulating, data processing, etc.); Direct payment from the plan; Recordkeeping feesCode 15 | 4 | $620 | |
Insurance agents and brokers; Investment management fees paid directly by planCode 22 | 4 | $35,997 | |
Investment advisory (plan)Code 27 | 3 | $53,818 |
Competitor overlap
Percent of MetLife's plans that also list each competitor on Schedule C. High numbers = co-living partners; low numbers = direct displacement targets.
Plans won in 2024
Appeared this year; did not appear last year under MetLife.
| Sponsor | From | Assets |
|---|---|---|
BOARD OF TRUSTEES OF THE CPF OF THE IUOE AND PARTICIPATING EMPLOYERSDC · 366052390-001 | Kelly Press | $24.9B |
BAE SYSTEMS, INC.VA · 223537950-050 | WTW | $3.2B |
CONSUMERS ENERGY COMPANYMI · 380442310-004 | Wellington Company LLP | $1.9B |
SONOCO PRODUCTS COMPANYSC · 570248420-026 | Empower | $1.7B |
CONSUMERS ENERGY COMPANYMI · 380442310-001 | Wellington Company LLP | $1.4B |
CURTISS WRIGHT CORPORATIONNJ · 130612970-004 | Mercer | $1.1B |
LESTER E. COX MEDICAL CENTERSMO · 440577118-003 | OneAmerica Retirement Services | $964M |
BURNHAM HOLDINGS, INCPA · 421561863-002 | Vanguard | $133M |
BLUEPRINTSPA · 251153028-001 | American United Life Insurance Co | $9M |
OHIO HEARTLAND COMMUNITY ACTION COMMISSIONOH · 340978820-001 | American United Life Insurance Co | $3M |
Plans lost in 2024
Appeared last year under MetLife; not this year.
| Sponsor | To | Assets |
|---|---|---|
PFIZER INCNY · 135315170-002 | AllianceBernstein | $19.6B |
THE TJX COMPANIES, INC.MA · 042207613-004 | Fidelity Investments | $3.2B |
EASTMAN CHEMICAL COMPANYTN · 621539359-001 | (new plan) | $1.4B |
LOCKTON, INC.MO · 900007886-002 | Cetera Investment Advisers LLC | $1.2B |
EXCELLUS HEALTH PLAN, INC.NY · 150329043-001 | PLANT & MORAN PLLC | $787M |
UNIVERSITY OF MIAMIFL · 590624458-002 | TIAA | $758M |
TOTALENERGIES FINANCE USA, INC.TX · 233060301-002 | BlackRock | $656M |
ALBANY MED HEALTH SYSTEMNY · 141641730-002 | Fidelity Investments | $526M |
MASTERBRAND, INC.OH · 883479920-008 | Fidelity Investments | $485M |
BLUE CROSS AND BLUE SHIELD OF KANSAS, INC.KS · 480952857-001 | PLANT & MORAN PLLC | $288M |
Top plans by assets
Searchable full list lands with the commercial layer.
| Plan | Assets | Participants | Fees | Tenure | Flags |
|---|---|---|---|---|---|
INTERNATIONAL BUSINESS MACHINES CORPORATIONNY · 130871985-005 | $60.4B | 149,818 | $2M | 10y | - |
RTX CORPORATIONCT · 060570975-041 | $41.6B | 281,638 | $32,636 | 2y | 1 |
FEDEX CORPORATIONTN · 621721435-002 | $26.9B | 213,710 | $0 | 7y | - |
JPMORGAN CHASE BANK, NATIONAL ASSOCIATIONNJ · 134994650-001 | $16.1B | 202,919 | $1M | 4y | - |
EXXON MOBIL CORPORATIONTX · 135409005-001 | $12.1B | 60,890 | $18,091 | 10y | - |
U.S. BANCORPMN · 410255900-004 | $11.4B | 90,116 | $186,300 | 2y | 1 |
LOWE'S COMPANIES, INC.NC · 560578072-003 | $8.6B | 295,951 | $116,239 | 9y | - |
METLIFE GROUP, INC.NJ · 550790010-003 | $8.3B | 32,414 | $8M | 7y | - |
METLIFE GROUP, INC.NJ · 550790010-001 | $7.9B | 13,404 | $23M | 7y | - |
PEPSICO, INC.NY · 131584302-004 | $6.8B | 55,326 | $32,639 | 6y | - |
Flag exposure
93.7%Market: 89.1%
This provider
Market baseline
Share of this provider's plans tripping any deterministic red flag this year. Lower than market baseline = better risk surface.
Aliases resolved (80)
Raw Schedule C names collapsed into MetLife.
- FI401K ADVISORYS LLC
- FIA
- FIA FIDUCIARY ADVISOR
- FIAM SELECT INTERNATIONAL EQ COMMIN
- FIAM SELECT INTL EQ COMMINGLED POOL
- FID INV INST INV OPS CO
- FID INV INST OP CO INC
- FID INV INSTITUTIONAL OPER CO., INC
- FID INV INSTL OPS C0
- FIDCUCIARY PARTNERS INVESTMENT CONS
- MATROPOLITAN LIFE INSURANCE CO
- MET LIFE
- MET LIFE AND ANNUITY COMPANY OF AME
- MET LIFE INSURANCE COMPANY
- MET LIFE INVESTMENT MANAGEMENT
- MET LIFE INVESTMENT MGMT HOLDINGS
- MET LIFE INVESTORS DISTRIBUTION CO
- MET LIFE SECURITIES
- MET TOWER LIFE
- MET-LIFE
- METLIFE
- METLIFE INC
- METLIFE INS
- METLIFE INS CO OF CONNECTICUT
- METLIFE INS COMPANY
Book composition by plan size
Bars stack to total plans served; segments use the same asset cutoffs as the /plans size filter. Up-and-to-the-right on the bigger segments = moving up-market.
Under $5M$5-50M$50-250M$250M-1B$1B+
Compliance posture vs market
Per-flag share for MetLife's book against the same flag's overall prevalence across all filings. Negative delta = under-indexed (cleaner book); positive = elevated risk surface.
| Flag | Plans flagged | Provider % | Market % | Delta |
|---|---|---|---|---|
| Recently terminated | 3 | 2.70% | 7.76% | -5.06 pp |
| Fidelity bond gap | 3 | 2.70% | 26.94% | -24.24 pp |
| Late contributions | 9 | 8.11% | 1.71% | +6.39 pp |
| Failed to provide benefit | 0 | 0.00% | 0.14% | -0.14 pp |
| Corrective distributions | 20 | 18.02% | 1.76% | +16.26 pp |
| Loss discovered | 0 | 0.00% | 0.00% | -0.00 pp |
New-plan formation share
Share of plans filing for the first time each year that landed with MetLife. Compare to the incumbent market share (0.2%) - higher = winning new business, lower = coasting on existing relationships.
0.0%-0.2 pp vs incumbent
Frequent partners by role
Who else shows up on MetLife's plans most often. Switch tabs by counterparty role - high-overlap names are either referral channels (advisors, auditors) or competitive blocks (other recordkeepers).
| Partner | Shared plans | % of book |
|---|---|---|
| WTW | 18 | 16.2% |
| Mercer | 16 | 14.4% |
| PIMCO | 12 | 10.8% |
| Aon | 11 | 9.9% |
| NISA Investment Advisors | 7 | 6.3% |
| Dodge & Cox | 5 | 4.5% |
| Earnest Partners | 5 | 4.5% |
| Franklin Templeton | 5 | 4.5% |
| Income Research & Management | 5 | 4.5% |
| Jennison Associates LLC | 5 | 4.5% |
Geographic penetration index
(Provider plans in state / state plans) divided by the provider's overall share of the market. Index 1.00 = average; > 1 = over-indexed (winning more than their fair share); < 1 = under-indexed (white space).