Plan Snapshot
- Plan Sponsor: Massachusetts Mutual Life Insurance Company
- Sponsor EIN: 041590850
- Sponsor Address: 1295 STATE STREET, F105, SPRINGFIELD, MA, 011110001
- Plan Type: DB
- Total Participants: 10,957
- Total Assets: $2.5B
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 | 10,957 | $2.5B | $0 | $0 |
| 2023 | 13,404 | $2.6B | $0 | $0 |
| 2022 | 14,462 | $2.5B | $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 |
|---|---|---|---|---|
| FID INV INST OPS CO | RECORDKEEPER | $1,242,503 | — | $1,242,503 |
| AON HEWITT INVEST CONSULTING INC | INVESTMENT | $1,232,710 | — | $1,232,710 |
| STATE STREET BANK AND TRUST COMPANY | TRUSTEE | $257,210 | — | $257,210 |
| MILLIMAN | ACTUARY | $97,500 | — | $97,500 |
| KPMG | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FID INV INST OPS CO — RECORDKEEPER
- MILLIMAN — ACTUARY
- KPMG — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,829,923
- Estimated Expense Ratio: 0.113% 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 | $8,897,748 | $4,705,230 | — | — | — |
| 2023 | $8,449,887 | $3,137,752 | — | — | — |
| 2022 | $6,608,532 | $1,901,375 | — | — | $903,195 |