How does the Elevator Constructors Annuity and 401(k) Retirement Plan operate?
The Trustees of the Plan have decided to divide the operations of the plan between the NEI Benefit Office and MassMutual Financial Group. The Benefits Office is responsible for collecting and processing contributions, relaying contribution information to MassMutual Financial Group and tracking participant beneficiary information. MassMutual Financial Group is responsible for tracking investment information for individual participants, providing quarterly statements, recording participant investment allocations and non-discrimination testing.
