Overview

Plan Rating

BrightScope Rating
76
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (47)
Average in Peer Group (76)
Highest in Peer Group (90)

Plan Description

Massachusetts Financial Services Company Defined Contribution Plan is a defined contribution plan. This plan has a BrightScope Rating of 76. This plan is in the top 15% of plans for Account Balances, Company Generosity, and Participation Rate. Massachusetts Financial Services Company Defined Contribution Plan currently has over 2,400 active participants and over $542.5M in plan assets.

Did you know?

For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (76) and the top rated plan (90) could equate to:
10
Additional years of work
79,522
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 111 Huntington Ave.
  • Location
    Boston , MA
  • 02199-7610
  • Industry
    Finance and Insurance
  • Administrator
    Sarah Cesar
  • Net Plan Assets
    $543,000,000
  • Total Participants
    2,400
  • Avg Account Balance
    $230,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Great

Performance

Participation Rate:
Great
Salary Deferrals:
Poor
Account Balance:
Great

Design

Total Plan Cost:
Highest
Company Generosity:
Great

Performance

Participation Rate:
Great
Salary Deferrals:
Poor
Account Balance:
Great

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

74

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
MFS Growth 10%
56%
MFS Investment Management Lifetime 6%
8%
MFS Conservative Allocation 6%
5%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Recordkeeper
Bank of America Merrill Lynch
Auditor
Deloitte & Touche, LLP

Articles and Questions

Boeing Plan Report (Updated)

Boeing Fee Settlement Highlights the High Bar for Large Plans

Boeing Offers a Near Perfect Retirement Plan ModelIn most respects Boeing’s retirement offering is a great model of how to run a large retirement plan. Participants in Boeing’s 401(k) plan are beneficiaries of a participant-friendly design with immediate access, automatic enrollment, immediate ves

Why Do Investment Expenses Matter?
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