Get a realistic assessment of your plan’s data and lay out a systematic approach to resolving issues and locating vital, missing information. With a host of required notices, calculations, and confirmations that occur before, during, and after plan termination, clean data is a direct path to a lower termination cost. If your data isn’t ready, Milliman can audit it and establish a process to collect what you need to terminate.

Don’t let investment risk impact the time horizon for terminating your plan. Leverage Milliman’s expertise with asset allocation strategies to keep your financial and administrative progress in sync, knowing when your assets should shift to preserve progress and make advances. With an interactive model to show you where you are today versus where you need to be, you’ll avoid an “auto pilot” asset allocation that could prevent you from reaching your goal.

Thoughtful derisking is a key element to keeping a plan on track toward termination and reducing cost. Our expert consultants will work to reduce your plan size via options like lump sum windows, spin-and-terms, and annuity placements. We will identify optimal segments of the plan population to target for derisking, considering factors such as location, status, benefit size, service, and more.