MassMutual Employee Benefit: 401K Plan | Glassdoor

MassMutual 401K Plan

Updated Mar 01, 2016

100 employees reported this benefit


Employer Summary

A 401(k) plan is available for MassMutual employees.

Employer Verified
Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 35
  • Sep 05, 2017
    StarStarStarStarStar Former Entry Level Actuary in Springfield, Massachusetts

    The 401K plan uses funds managed by Oppenheimer, Babson, and an associated "in house" team. With that being said, this means, unlike a company that picks and chooses the funds from a wide pool, one's choices are limited to the "in house" selection. This is more of a con than a pro.

  • Aug 30, 2017
    StarStarStarStarStar Former Business Analyst in Downers Grove, Illinois

    They give a competitive match of 5 percent. The are decent funds to choose from.

  • Aug 16, 2017
    StarStarStarStarStar Former Employee in Springfield, Massachusetts

    6 % matching on your contribution

  • May 15, 2017
    StarStarStarStarStar Current AVP-Analyst in Boston, Massachusetts

    minimal for what a company should offer

  • Apr 29, 2017
    StarStarStarStarStar Current Director in New York, New York State

    No match until you hit 70000 fyc

  • Apr 21, 2017
    StarStarStarStarStar Former Developer in Springfield, Massachusetts

    They had a decent match and decent options. For those conservative individuals nearing retirement, the fixed rate wasn't half bad.

  • Mar 23, 2017
    StarStarStarStarStar Former Financial Services Representative in Rochester, New York State

    You are not vested in the beginning, they will charge you to get your money out of the plan when you leave.

  • Feb 27, 2017
    StarStarStarStarStar Current Graphic Designer in Boston, Massachusetts

    Great 11% company match, but high plan management fees.

  • Jan 26, 2017
    StarStarStarStarStar Former Employee in Springfield, Massachusetts

    5% match for a lot of years. Not sure how long that may last in the current economic climate.

  • Jan 13, 2017
    StarStarStarStarStar Current Data Analytics Consultant in Amherst, Massachusetts

    Company matching. Lots of options and a web portal so you can easily make changes and check your summary.

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