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MassMutual Retirement Services Introduces Industry-Leading Financial Reporting Platform for Defined Benefit and Investment-Only Clients


(Springfield, MA) - MassMutual has introduced an enhanced financial reporting platform and distribution process for its defined benefit and investment-only clients. The enhancements reflect MassMutual’s ongoing commitment to delivering world-class service to its retirement plan clients.

The new financial reports incorporate content and design changes based on the valuable insights solicited from MassMutual’s own clients and their financial professionals. Developed in conjunction with First Rate®, Inc., Arlington, Texas, the enhanced reports will continue to be distributed to clients on a monthly, quarterly and annual basis. Highlights of the new financial reports include:

- Easy-to-read, full-color design that includes graphs, investment benchmark performance and transactional detail
- Financial summary of accounts with beginning and ending balances, investment activity, investment return and investment weight percentage for the period
- Plan-level performance data such as dollar weighted selected period performance with rate of return information
- Asset allocation analysis graph
- Transaction detail by investment
-Explanatory notes

Under the new reporting platform, MassMutual’s defined benefit and investment-only clients will receive their reports via electronic delivery for added security and convenient electronic recordkeeping and file storage. The secure e-mail delivery process also enables clients to view, print and share reports as needed in an environmentally-friendly and cost-efficient manner.

“Clients are expressing very positive feedback about the new reports,” says Bill Silvanic, corporate vice president and actuary. “We take a ‘best practices’ approach to our financial reporting and believe our new format leads the industry from both a content and design perspective.”

“We like being ‘green’, and the new graphs add value as well,” says Darleen Stetes from Lee County Electronic Cooperative, a MassMutual client.

There is no additional cost for the new financial reports; however, an e-mail address must be on file with MassMutual. For more information about the new financial reports for defined benefit and investment-only plans on the MassMutual platform, please contact your MassMutual service representative directly. For information regarding MassMutual Retirement Services, please contact your local sales representative or call MassMutual at 1-866-444-2601.


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