MMC Benefits Handbook
The MMA 401(k) Savings & Investment Plan
Plan Name
Marsh & McLennan Agency 401(k) Savings & Investment Plan
Plan Number
006
Plan Type
This is a defined contribution plan under which accounts are maintained for each participant. The plan qualifies as a 401(k) savings plan. The plan is intended to qualify as a participant-directed "section 404(c) plan" pursuant to ERISA. The plan offers participants and beneficiaries the opportunity to exercise control over the assets contributed and accumulated on their behalf by allowing them to choose the manner in which these assets will be invested from a broad range of investment alternatives. This means that participants or beneficiaries may not hold the plan's fiduciaries liable for any losses sustained in their plan account that are the result of their exercise of control over how the account balance was invested.
Plan Year
The plan year is January 1 - December 31.
Plan Sponsor
The Plan Sponsor is:
Marsh McLennan
1166 Avenue of the Americas
New York, NY 10036-2774
Information regarding eligibility to participate in the Marsh & McLennan Agency 401(k) Savings & Investment Plan can be found in the Marsh McLennan Agency 401(k) Savings & Investment Plan section of the Benefits Handbook.
Plan Administrator
The Plan Administrator is the Marsh & McLennan Companies, Inc. Benefits Administration Committee and can be reached at:
Plan-Administrator – MMA 401(k) Savings & Investment Plan
c/o Global Benefits Department, 3rd Floor
Marsh McLennan
Waterfront Corporate Center
121 River Street
Hoboken, NJ 07030-5794
Telephone: +1 201 284 4000
The Plan Administrator has full discretion and authority to control and manage the operation and administration of the plan. Day to day plan administration and recordkeeping is provided through a contract with an outside plan administrative services provider.
Source of Benefits Funding and Trustee
The MMA 401(k) Savings & Investment Plan is funded through Company and employee contributions. The assets under the MMA 401(k) Savings & Investment Plan are held in a tax-exempt trust by the following trustee:
Marsh & McLennan Companies Master Retirement Savings Trust
The Northern Trust Company
801 South Canal Street
Chicago, Illinois 60607
The investment options currently available for investment are listed in the MMA 401(k) Savings & Investment Plan section in this Benefits Handbook. Current prospectuses and certain other financial information about these funds are available on request from the Plan Administrator and on the plan's website at https://mmcglobal.sharepoint.com/sites/Home. Specifically, the following information may be requested from the Plan Administrator regarding the plan's investment options:
  • Copies of prospectuses or, alternatively short form or summary prospectuses, or other similar documents;
  • Copies of financial reports, shareholder reports, statements of additional information or other similar materials to the extent provided to the Plan Administrator;
  • A statement of the value of a share or unit of each investment option; and
  • A list of assets that comprise the portfolio of any investment option that constitute "plan assets" under 29 CFR 2510.3-101 and the value of each asset.
The plan provides that certain expenses of investment and administration, including fees for third-party service providers, may be paid out of plan assets. Refunds of Section 12b-1 and other similar fees received in connection with the plan's investment options may be applied towards these expenses. The Plan Administrator has discretion to determine how to reasonably allocate these expenses among accounts.
Claims Administrator
For filing a claim:
MMA 401(k) Savings & Investment Plan Claims
c/o Global Benefits Department, 3rd Floor
Marsh McLennan
Waterfront Corporate Center
121 River Street
Hoboken, NJ 07030-5794
For appealing a claim:
Plan Administrator – MMA 401(k) Savings & Investment Plan
c/o Global Benefits Department, 3rd Floor
Marsh McLennan
Waterfront Corporate Center
121 River Street
Hoboken, NJ 07030-5794