Introduction
MassMutual
www.massmutual.com/retireAssets ($MM) by Plan Type | ||||
---|---|---|---|---|
Ranked #15 | $151,566 | |||
401(k) | $116,907 | |||
403(b) | $8,567 | |||
457 | $14,499 | |||
NQDC | $659 | |||
All Other | $10,934 |
Participants by Plan Size | ||||
---|---|---|---|---|
Ranked #12 | 2,625,079 | |||
<$10MM | 894,845 | |||
$10MM – $50MM | 607,231 | |||
>$50MM – $200MM | 539,130 | |||
>$200MM – $1BMM | 442,145 | |||
>$1B | 141,728 |
Service Offerings | |
---|---|
New client restrictions | Participant or asset minimums may apply |
Multiple service models | Yes |
Offers corporate trustee services | Yes |
Internal ERISA counsel | 7 |
Will act as §3(16) fiduciary | Yes - via third party |
Participant Services | |
---|---|
Call center hours | Weekdays: 8 a.m. - 8 p.m. ET |
Online chat support | No |
Mobile app | Yes |
Managed account options | Proprietary offering |
Retirement Income | |
---|---|
Displays retirement income estimate on statements | Yes |
Offers in-plan guaranteed retirement income products | Yes |
Offers out-of-plan annuity bidding service | No |
Recordkeeping Platform Proprietary system; FIS Omni; DST Systems TRAC |
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*Data has been updated/revised since initial publication in PLANSPONSOR magazine. |