FOR FINANCIAL PROFESSIONAL USE ONLY. NOT FOR USE WITH PLAN SPONSORS OR PLAN PARTICIPANTS.

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1 FINANCIAL PROFESSIONAL MassMutual Aviator A comprehensive retirement plan solution

2 Designed to help small businesses in a big way EYEBROW COPY HERE MassMutual Aviator offers a robust solution for 401(k) plan administration, investment option selection and record-keeping services that can be customized to create a comprehensive solution for your clients. Advantages include: Simplified pricing structure. Comprehensive investment line-up with no proprietary fund requirements. Lifestyle and target date asset allocation options, including the award-winning MassMutual RetireSMART funds. Optional independent, third-party co-fiduciary service 1 offered at no additional cost to the sponsor. NOT A BANK OR CREDIT UNION DEPOSIT OR OBLIGATION NOT FDIC OR NCUA INSURED NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY NOT GUARANTEED BY ANY BANK OR CREDIT UNION 1 Envestnet Retirement Solutions, LLC ( ERS ) is a SEC registered investment adviser and is the fiduciary provider for the MassMutual Fiduciary Assure program. ERS is a majority owned subsidiary of Envestnet, Inc. (NYSE:ENV). ERS and Envestnet, Inc. are not affiliated with MassMutual or any of its subsidiaries.

3 Program at a glance Core Program Features Simplified pricing & underwriting requirements Ability to adjust, or potentially eliminate, hard-dollar billables for all plans, including those under $1M in assets, based on sponsor needs Choice of share classes (A, R, and R6 or equivalent) available to startup and takeover plans Compensation options to maximize flexibility and choice based on client needs and your service level NAV pricing standard for Class A and R share plans at $1M in plan assets Target Market Up to $5M Investment Structure Group Funding Agreement (Group Variable Annuity in PA, WA, and WI) Investment Menu/ Share Class Availability 1 Choice of Menu 1 (R-share), Menu 2 (A-share) or Menu 0 (R6-share or equivalent) Program & Administrative (P&A) Fee Group Transfer Benefit (surrender charge buy-out capability) Financial Professional Support for Sales & Employee Education Program Underwriting Requirements Plan Flexibility No P&A fee for Class A and R share plans with $1M or more in assets (0 2% for all other plans) Available Supported by MassMutual s local team structure and regionally based Sales Support teams (complete sales, service and education support). Use of all educational materials & online tools 2 Fully-bundled: 10 employees and plan assets of at least $500,000 and annual contributions of $50,000 TPA: 10 employees and annual contributions of at least $50,000 MassMutual Aviator may be the ideal solution for your retirement plan prospect, regardless of their needs. Our flexible pricing structure, coupled with our strong investment selection and administrative support will help create the right plan for your client. Contact your MassMutual sales professional to customize a plan proposal. 1 Primarily A-share, R-share and R6-share menus. Where necessary, equivalent share classes are offered. See sales proposal for details. 2 May be subject to Broker-Dealer firm approval. 1

4 Flexibility to design the plan that meets your client s needs An extensive menu of investment services and features helps you design a 401(k) retirement program tailored to your clients needs. No proprietary fund requirements Investment co-fiduciary service Model My Goals asset allocation program for a simplified approach to investing Lifestyle and target date asset allocation options, including MassMutual RetireSMART funds Self-Directed Brokerage Account option MassMutual Lifetime Income a guaranteed 3 lifetime income option participants cannot outlive Investment option with a patented 4 design specifically for 401(k) plans Simple: 1 income share = $10 guaranteed monthly income for life, beginning at age Certain: Not subject to equity market volatility Guaranteed 3 : Backed by the claims paying ability of the issuer Massachusetts Mutual Life Insurance Company Covered under the Fiduciary Assure program in the Guaranteed Income asset class 3 MassMutual Lifetime Income is a group fixed deferred annuity issued by Massachusetts Mutual Life Insurance Company. Guarantees are based on the claims-paying ability of the issuer, Massachusetts Mutual Life Insurance Company (MassMutual). This group annuity contract is not available in New York. 4 MassMutual Lifetime Income and the related technology and processes are patented under U.S. Patent Nos. 7,805,352, 7,840,469, 7,853,509 and 7,979, If the participant elects a joint annuity, period-certain guarantee, annual increasing benefit, or a start date earlier or later than age 65, the monthly benefit amount will be actuarially adjusted. 2 FOR FINANCIAL PROFESSIONAL USE ONLY. NOT FOR USE WITH PLAN SPONSORS OR PLAN PARTICIPANTS.

5 Investment options provided by the following well-known fund companies: Fiduciary Assure helps provide a measure of protection. Fiduciary Assure, powered by Envestnet Retirement Solutions, LLC (ERS) 6 is an optional program designed to help plan sponsors meet their fiduciary obligations by providing an extra layer of fiduciary support. Under the program, your clients can choose either ERISA 3(21) or ERISA 3(38) fiduciary services: ERISA 3(21): ERS provides non-discretionary fiduciary support for investment selection and monitoring of the options on its Approved and Select Lists. ERISA 3(38): ERS acts with discretion as an investment manager, developing the plan s initial lineup and managing ongoing updates. Sponsors also receive a Sample Investment Policy Statement, regular market commentary and quarterly electronic reporting customized to their plan. 6 Envestnet Retirement Solutions, LLC ( ERS ) is an SEC registered investment adviser and is the fiduciary provider for the MassMutual Fiduciary Assure program. ERS is a majority owned subsidiary of Envestnet, Inc. (NYSE:ENV). ERS and Envestnet, Inc. are not affiliated with MassMutual or any of its subsidiaries. 3

6 Experience the MassMutual difference Experience our consultative, client-focused approach to creating innovative, tailored solutions to help drive better retirement plan outcomes for your clients YEAR FOUNDED 70+ YEARS servicing retirement plans 3M participating employees 7 $ 170.4B assets under 94% client management 7 retention 8 Among the highest financial strength ratings 9 of any company in any industry A.M. Best Fitch Ratings Moody s Investors Service Standard & Poor s MassMutual has paid dividends 10 to eligible participating policyowners every year since A++ AA+ AA2 AA+ #77 FORTUNE 500, June FORTUNE Most Admired Companies 7 As of March 31, As of December 31, Financial strength ratings are as of June 1, Ratings are for Massachusetts Mutual Life Insurance Company (MassMutual) (Springfield, MA ) and its subsidiaries, C.M. Life Insurance Co. and MML Bay State Life Insurance Co. (Enfield, CT 06082). Ratings are subject to change. 10 Dividends are not guaranteed. 11 FORTUNE and FORTUNE 500 are registered trademarks of Time Inc. and are used under license. FORTUNE and Time Inc. are not affiliated with, and do not endorse products or services of, Licensee. 4

7 To learn how we can help you, contact your local MassMutual representative or call our Sales Support team at , option 4. 5

8 The information provided is not written or intended as specific tax or legal advice. MassMutual, its subsidiaries, employees and representatives are not authorized to give tax or legal advice. Individuals are encouraged to seek advice from their own tax or legal counsel. The MassMutual Aviator program is funded by a group variable funding agreement (Form series GP 8000 not available in PA, WA, and WI), or by a group variable annuity contract (Form GP 8100 in PA, WA, and WI) issued by Massachusetts Mutual Life Insurance Company, Springfield, MA. The Form GP 8000 series includes state variations. Envestnet Retirement Solutions, LLC ( ERS ) is a SEC registered investment adviser and is the fiduciary provider for the MassMutual Fiduciary Assure program. ERS is a majority owned subsidiary of Envestnet, Inc. (NYSE:ENV). ERS and Envestnet, Inc. are not affiliated with MassMutual or any of its subsidiaries Massachusetts Mutual Life Insurance Company (MassMutual), Springfield, MA All rights reserved. RS C: RS