401k Record

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Massachusetts Mutual Life Insurance 401(k)

Recordkeeping fees per participant · largest plan, Massmutual Thrift Plan · plan year 2024

$33.63

Higher than 49% of the 790 plans over $1B that report it.

Source

= $735,108 / 21,856
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250919133811NAL0003626418001, received 2025-09-19
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250919133811NAL0003626418001, received 2025-09-19

10th: $6.72median $34.2890th: $56.58

Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-19.

Largest plan, all six figures: Massmutual Thrift Plan

Recordkeeping fees per participantheadline

$33.63

10th: $6.72median $34.2890th: $56.58

Higher than 49% of the 790 plans over $1B that report it.

Source

= $735,108 / 21,856
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250919133811NAL0003626418001, received 2025-09-19
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250919133811NAL0003626418001, received 2025-09-19

Administrative expenses excluding investment management, per participant

$35.97

10th: $9.43median $44.4790th: $97.55

Higher than 33% of the 1,045 plans over $1B that report it.

Source

= $786,108 / 21,856
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250919133811NAL0003626418001, received 2025-09-19
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250919133811NAL0003626418001, received 2025-09-19

Administrative expenses per participant

$35.97

10th: $24.33median $70.0390th: $174.36

Higher than 17% of the 1,076 plans over $1B that report it.

Source

= $786,108 / 21,856
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250919133811NAL0003626418001, received 2025-09-19
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250919133811NAL0003626418001, received 2025-09-19

Administrative expenses as a share of assets

0.018%

10th: 0.013%median 0.046%90th: 0.111%

Higher than 15% of the 1,076 plans over $1B that report it.

Source

= $786,108 / $4,330,613,063
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250919133811NAL0003626418001, received 2025-09-19
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250919133811NAL0003626418001, received 2025-09-19

Employer contributions per participant

$2,918

10th: $1,442median $3,74490th: $8,760

Higher than 37% of the 1,135 plans over $1B that report it.

Source

= $63,775,163 / 21,856
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250919133811NAL0003626418001, received 2025-09-19
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250919133811NAL0003626418001, received 2025-09-19

Employer share of total contributions

26.4%

10th: 19.8%median 33.4%90th: 47.5%

Higher than 27% of the 1,135 plans over $1B that report it.

Source

= $63,775,163 / $241,346,449
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250919133811NAL0003626418001, received 2025-09-19
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250919133811NAL0003626418001, received 2025-09-19

79.2% of this plan's assets are held in a master trust. Costs reported at the trust level and allocated by the plan's share: administrative expenses $0 ($35.97 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.

Plan terms, as stated in Massachusetts Mutual Life Insurance Company's SEC filings

Plan terms are not published in public filings.

Plans sponsored

PlanAssetsParticipants with a balanceHeadlineYear
Massmutual Thrift Plan$4,330,613,06321,856 $33.63 recordkeeping fees per participant2024
Massmutual Puerto Rico Thrift Plan$4,438,862105 $39.50 recordkeeping fees per participant2024

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Sponsor name as filed: MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY; SEC registrant: MASSACHUSETTS MUTUAL LIFE INSURANCE CO (CIK 225602, matched by EIN).