Employers › Massachusetts Mutual Life Insurance › plan 004
Recordkeeping fees per participant · Massmutual Thrift Plan · plan year 2024
$33.63
Higher than 49% of the 790 plans over $1B that report it.
= $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
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.
Administrative expenses excluding investment management, per participant
$35.97
Higher than 33% of the 1,045 plans over $1B that report it.
= $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
Higher than 17% of the 1,076 plans over $1B that report it.
= $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%
Higher than 15% of the 1,076 plans over $1B that report it.
= $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
Higher than 37% of the 1,135 plans over $1B that report it.
= $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%
Higher than 27% of the 1,135 plans over $1B that report it.
= $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.
2J 401(k) feature · 2K 401(m) arrangement · 3H controlled-group sponsor · 2F ERISA 404(c) plan · 2G fully participant-directed · 2E profit-sharing · 2S pre-approved plan document · 2T default investment (QDIA) · 3F · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250919133811NAL0003626418001, received 2025-09-19
| Field | Value | Source |
|---|---|---|
| Plan sponsor | MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250919133811NAL0003626418001, received 2025-09-19 |
| Plan name | MASSMUTUAL THRIFT PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250919133811NAL0003626418001, received 2025-09-19 |
| Sponsor EIN / plan number | 04-1590850 / 004 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250919133811NAL0003626418001, received 2025-09-19 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250919133811NAL0003626418001, received 2025-09-19 |
| Sponsor location | SPRINGFIELD, MA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250919133811NAL0003626418001, received 2025-09-19 |
| Industry (business code) | 524140, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250919133811NAL0003626418001, received 2025-09-19 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250919133811NAL0003626418001, received 2025-09-19 |
| Filing received | 2025-09-19 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250919133811NAL0003626418001, received 2025-09-19 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250919133811NAL0003626418001, received 2025-09-19 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250919133811NAL0003626418001, received 2025-09-19 |
| Participants, beginning of year | 23,180 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250919133811NAL0003626418001, received 2025-09-19 |
| Active participants | 13,678 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250919133811NAL0003626418001, received 2025-09-19 |
| Participants, end of year | 22,609 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250919133811NAL0003626418001, received 2025-09-19 |
| Participants with an account balance | 21,856 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250919133811NAL0003626418001, received 2025-09-19 |
| Total assets, beginning of year | $3,938,416,393 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250919133811NAL0003626418001, received 2025-09-19 |
| Total assets, end of year | $4,330,613,063 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250919133811NAL0003626418001, received 2025-09-19 |
| Net assets, end of year | $4,330,613,063 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250919133811NAL0003626418001, received 2025-09-19 |
| Total income | $748,522,303 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250919133811NAL0003626418001, received 2025-09-19 |
| Net income | $315,211,128 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250919133811NAL0003626418001, received 2025-09-19 |
| Employer contributions | $63,775,163 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250919133811NAL0003626418001, received 2025-09-19 |
| Participant contributions | $144,064,242 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250919133811NAL0003626418001, received 2025-09-19 |
| Other contributions (incl. rollovers) | $33,507,044 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250919133811NAL0003626418001, received 2025-09-19 |
| Total contributions | $241,346,449 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250919133811NAL0003626418001, received 2025-09-19 |
| Benefit payments | $432,082,081 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250919133811NAL0003626418001, received 2025-09-19 |
| Total expenses (incl. benefit payments) | $433,311,175 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250919133811NAL0003626418001, received 2025-09-19 |
| Total administrative expenses | $786,108 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250919133811NAL0003626418001, received 2025-09-19 |
| Contract administrator fees | $10,800 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250919133811NAL0003626418001, received 2025-09-19 |
| Recordkeeping fees | $735,108 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250919133811NAL0003626418001, received 2025-09-19 |
| Administrative expenses excluding investment management | $786,108 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250919133811NAL0003626418001, received 2025-09-19 |
| Held in master trusts | $3,430,816,030 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250919133811NAL0003626418001, received 2025-09-19 |
| Independent auditor | KPMG LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250919133811NAL0003626418001, received 2025-09-19 |
Position = column in the DOL layout for form year 2024. Filing 20250919133811NAL0003626418001, received 2025-09-19.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FID INV INST OPSrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees | $745,908 | no |
| WILLIS TOWERS WATSON US LLC | CONSULTING | 16 Consulting (general) | $40,200 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250919133811NAL0003626418001, received 2025-09-19.
MASSMUTUAL DEFINED CONTRIB PLAN MT (EIN 931996039, PN 001): plan interest $3,430,816,030, 97.3% of the trust. The trust's own filing (20250919133721NAL0002366369001, received 2025-09-19) reports net assets $3,527,238,657, administrative expenses $0, recordkeeping fees not reported, investment management fees not reported and 0 Schedule C providers.
Schedule D Part I of the plan's filing; the trust's Schedule H and Schedule C. Allocation = the plan's interest divided by the trust's net assets.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $3,938,416,393 | $4,330,613,063 | 10.0% |
| Participants with a balance | 22,255 | 21,856 | -1.8% |
| Administrative expenses | $595,842 | $786,108 | 31.9% |
| Recordkeeping fees per participant | $26.32 | $33.63 | 27.8% |
| Employer contributions | $58,218,688 | $63,775,163 | 9.5% |
Prior filing 20240906114913NAL0000660339001, received 2024-09-06; the plan years are contiguous.