# Massachusetts Mutual Life Insurance Company Health &amp; Welfare Plan
Source: https://planprovider.pro/companies/massachusetts-mutual-life-insurance-company-041590850-545

> Massachusetts Mutual Life Insurance Company&#39;s Health &amp; Welfare plan: 2,793 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Massachusetts Mutual Life Insurance Company

- **Sponsor EIN:** 041590850

- **Sponsor Address:** 1295 STATE STREET, F105, SPRINGFIELD, MA, 011110001

- **Plan Type:** Health & Welfare

- **Plan Number:** 545

- **Total Participants:** 2,793

- **Total Assets:** $2.8M

## 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|2,793|$2.8M|$8.7M|$16,376|

| 2023|2,787|$4.2M|$11.0M|$16,441|

| 2022|3,538|$3.0M|$10.1M|$20,160|

## 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|

| ALIGHT (HRA ADMIN)|Other Service Provider|$55,414|—|$55,414|

| WAGEWORKS, INC.|Other Service Provider|$7,622|—|$7,622|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $63,036

- **Estimated Expense Ratio:** 2.249% 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|$63,037|—|$63,037|—|—|

| 2023|$48,574|—|$48,574|—|—|

| 2022|$56,840|$664|$56,176|—|—|

## Similar Plans

- [Massachusetts Mutual Life Insurance Company](https://planprovider.pro/companies/massachusetts-mutual-life-insurance-company-401k-plan-004) — 13,678 participants

- [Massachusetts Mutual Life Insurance Company](https://planprovider.pro/companies/massachusetts-mutual-life-insurance-company-plan-001-0850) — 10,957 participants

- [Sun Life Financial U.S. Services Company, INC.](https://planprovider.pro/companies/sun-life-financial-u-s-services-company-inc-401k-plan) — 8,013 participants

- [Massachusetts Mutual Life Insurance Company](https://planprovider.pro/companies/massachusetts-mutual-life-insurance-company-041590850-503) — 7,352 participants

- [Massachusetts Mutual Life Insurance Company](https://planprovider.pro/companies/massachusetts-mutual-life-insurance-company-041590850-506) — 5,463 participants

- [The Manufacturers Investment Corporation](https://planprovider.pro/companies/the-manufacturers-investment-corporation-plan-003) — 4,993 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/massachusetts-mutual-life-insurance-company-041590850-545)

&copy; 2026 PlanProvider.Pro
