Page 87 - NovDefComp

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY
Defined Benefit and Defined Contribution

Recordkeeping Operations System

Controls Specified by
MassMutual Business Testing Performed by KPMG LLP and Results of Tests

2.3 For plans that have elected the Observed application screens in PRS for a selection of plans
automatic enrollment feature, that elected the automatic enrollment feature and noted that
participants are identified by the participants that were identified by Plan Sponsors on data files
Plan Sponsor on a data file were setup in PRS in accordance with plan parameters.
transmitted through the TRC and
are setup in PRS upon eligibility in Inspected a selected data file from a plan sponsor and PRS
screenshots and determined that the participant data was
accordance with plan parameters
(e.g. investment selections and accurately entered into PRS.
deferral percentages). (DC) No Exceptions Noted.

2.4 Qualified participants are Inspected annual census data files uploaded through the TRC
added to existing plans in by Plan Sponsors and periodic data exchange files transmitted
LVAdmin as a result of a Plan by Plan Sponsors for a selection of LVAdmin contracts and
Sponsor annual census data determined that participants added to the plans in LVAdmin
upload via the TRC or as a result from the census data files and periodic data exchange files
of receipt of a periodic data were qualified.
exchange file sent by a Plan
Sponsor. (DB) No Exceptions Noted.

2.5 Import and validation errors Inspected Plan Year End Checklists or DX Logs for a selection
generated during the receipt of of contracts and determined that the reviews and resolution
census and periodic data file were performed as evidenced by sign-off on the Plan Year End
transmissions are reviewed and Checklist or the DX Log.
resolved in a timely fashion by
recordkeeping operations No Exceptions Noted.
associates. The review and
resolution are evidenced by sign-
off either on the Plan Year End
Checklist or the DX Log. (DB)

MassMutual Defined Benefit and Defined Control Objectives, Related Controls and Tests of
Contribution Recordkeeping Operations System Operating Effectiveness
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