Massmutual Employee Welfare Benefits Plan — Form 5500 plan (Massachusetts Mutual Life Insurance Company)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Massmutual Employee Welfare Benefits Plan is a benefit plan reported by Massachusetts Mutual Life Insurance Company under EIN 04-1590850 and plan number 503. The latest loaded filing year is 2023. The filing reports 7,877 participants and $5,851,939 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Massachusetts Mutual Life Insurance Company
- EIN
- 04-1590850
- Plan number
- 503
- Plan type
- 2
- Location
- Springfield, MA
- Latest filing year
- 2023
- Participants
- 7,877
- End-of-year plan assets
- $5,851,939
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 7,877 | H, C | 20240920103841NAL0007654849001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,851,939
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,851,939
- Net assets (BOY)
- $9,197,867
Income & contributions
- Employer contributions
- $94,165,373
- Participant contributions
- $26,825,253
- Total contributions
- $120,990,626
- Total income / additions
- $121,167,877
Expenses & distributions
- Benefits paid
- $117,191,328
- Administrative expenses
- $7,322,477
- Total expenses
- $124,513,805
- Net increase / (decrease)
- -$3,345,928
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cigna Health And Life Insurance Co. | THIRD PARTY ADMIN | $5,554,755 | $0 | 2023 |
| Express Scripts, Inc | THIRD PARTY ADMIN | $1,099,156 | not reported in the loaded dataset | 2023 |
| Consumer Medical | THIRD PARTY ADMIN | $464,517 | not reported in the loaded dataset | 2023 |
| Lincoln National Life Insurance Com | THIRD PARTY ADMIN | $312,328 | not reported in the loaded dataset | 2023 |
| Wageworks, Inc. | THIRD PARTY ADMIN | $44,702 | not reported in the loaded dataset | 2023 |
| Evernorth Behavioral Health Inc | PLAN ADMINISTRATOR | $15,940 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Massachusetts Mutual Life Insurance Company
- 2023 Form 5500 filing
- Form 5500 filings in MA
- 401(k) and benefit plan filings in Springfield, MA
- Cigna Health And Life Insurance Co. — Schedule C compensation
- Express Scripts, Inc — Schedule C compensation
- Consumer Medical — Schedule C compensation
- Lincoln National Life Insurance Com — Schedule C compensation
- Wageworks, Inc. — Schedule C compensation
- Evernorth Behavioral Health Inc — Schedule C compensation