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Products December 2, 2001
MassMutual Offers TPA Alliance
February 12, 2001 (PLANSPONSOR.com) - Smaller plans
with a preference for third-party administrators can now tap
into the expertise of MassMutual Retirement
Services.
Reported by Nevin E. Adams
Their TPA Alliance product offers screening and monitoring of TPAs across the country, as well as access to MassMutual’s product suite – generally targeted at larger plans with $10 million to $300 million in assets.
The TPA Alliance is also targeted at plans that have been up and running for three to five years, having had a chance to accumulate assets, rather than brand new entities.
The TPA Alliance offers access to MassMutual’s:
- recordkeeping system and expertise
- multi-manager Concert Investment Program
- Statement Plus participant statement, including a personal rate of return
- online retirement planning/investment education toolkit
- Internet access
- Total Retirement Center
- automatic account rebalancing.