Products November 29, 2010

MassMutual Enhances Plan Document Management Solution

November 29, 2010 (PLANSPONSOR.com) - MassMutual's Retirement Services Division recently introduced an enhanced system for third-party administrators (TPAs) that automates and simplifies plan document processing.
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According to a press release, benefits of the new system include:  

  • Quick and convenient plan amendment processing; 
  • Ability to create customized templates and designs at the TPA level so that many provisions can be pre-populated; 
  •  Tracking, monitoring and review of plan documents and amendment histories; 
  • Batch processing of regulatory amendments and required participant notices; 
  • Easy conversion from DC prototype to volume-submitter documents and vice versa; 
  • Software upgrades coordinated by MassMutual independently from a TPA’s system; and 
  • Technical support by MassMutual’s ERISA Advisory Services Team. 

 

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The service is available to all TPAs regardless of whether they have retirement plans on MassMutual’s platform. To request additional information or a demonstration of the new document services processing system, contact Steve Witkun at (413) 744-0744.

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