# Massachusetts Mutual Life Insurance Company Health &amp; Welfare Plan
Source: https://planprovider.pro/companies/massachusetts-mutual-life-insurance-company-041590850-546

> Massachusetts Mutual Life Insurance Company&#39;s Health &amp; Welfare plan: 1,675 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:** 546

- **Total Participants:** 1,675

- **Total Assets:** $248,852

## 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|1,675|$248,852|$3.4M|$320,828|

| 2023|1,777|$266,780|$3.5M|$338,654|

| 2022|1,798|$284,761|$3.2M|$347,349|

## 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|$32,912|—|$32,912|

| WAGEWORKS, INC.|Other Service Provider|$17,425|—|$17,425|

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $50,337

- **Estimated Expense Ratio:** 20.228% 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|$51,099|$18,187|$32,912|—|—|

| 2023|$43,031|$547|$42,484|—|—|

| 2022|$44,990|$873|$44,117|—|—|

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