Retirement & Benefits Solutions
Plan recordkeeping & administration
We've got you covered
Benefits administration at Milliman is not a one-size-fits-all commodity. We consider the uniqueness of your goals, your plan, your culture, and your people to provide customized solutions to meet your specific fiduciary and business needs. When you work with Milliman, you put the power of independent thinking, custom solutions, and expert consulting to work for you.
Better benefits administration
Why Milliman for benefits administration? Because we’re different. We offer flexible, personalized services designed to help your employees make the most from your benefit programs.
MillimanBenefits.com
MillimanBenefits.com is future-focused, providing easy enrollment and a stress-free process. See your investments, account activity, and documents all in one place, and check up on your financial wellness.
Why Milliman?
Expert plan administration
We provide expert plan administration for a wide spectrum of plans, including defined contribution, defined benefit, total retirement outsourcing, health & welfare, Taft-Hartley plans, and multiple employer plans.
Conflict-free advice
As an independent service provider that does not sell financial products, all of our recommendations are based solely on the best interests of our clients and their participants.
Authentic relationships
Our consultants are critical thinkers and problem solvers who blend their deep experience and technical knowledge with our comprehensive analytical tools to optimize your plan design.
Communication and engagement
Our multimedia experience is designed to engage employees and drive behavior change via custom messaging, a powerful website, a transactional mobile app, and a full-service call center.
Leading-edge technology for employees and plan sponsors
MillimanBenefits.com. This highly visual site simplifies the retirement planning journey, promotes financial wellness, and inspires positive action through the Retirement Income Security Evaluation (RISE) Score™. The plan sponsor dashboard provides need-to-know plan information in a dynamic, customized format.
MyBenefitChoice. Our health & welfare administration platform was built with a deep understanding of the challenges faced by our clients with the objective to provide flexible solutions. We pair this with a client-centric service model for the best overall experience for clients and employees.
Review the latest study on the funding levels of corporate pension plans.
Milliman plan recordkeeping & administration services
Defined contribution plan administration
Navigate the complicated maze of defined contribution administration to provide accurate recordkeeping, transparency, and compliance.
Defined benefit plan administration
Maximize the value of pension benefits to participants using our decades of experience, flexible software tools, and disciplined process.
Health and welfare administration
Partner with us to implement and manage a benefits administration solution that matches your unique culture.
Small business retirement plan solution
Milliman helps meet the unique needs of small businesses with custom retirement solutions, including cash balance plans, paired cash balance/401(k) plans, and defined contribution third party administration (TPA) services.
Total retirement outsourcing
Simplify retirement plan administration while enhancing employees’ understanding and value of their retirement program.
Communication and engagement
Our customized communication services are grounded in an outcome-based approach. We develop employee and member communication strategies and deliverables aligned with your program objectives and the larger goals of the organization.
Milliman plan recordkeeping & administration insight
Critical Point Episode 24: What the CARES Act means for retirement plans
Listen to the podcastMilliman plan recordkeeping & administration products
Millimanbenefits.com
Empower your retirement plan to achieve your business objectives through our state-of-the-art outsourcing services combined with leading-edge financial wellness education.
Milliman Actuarial Retirement Calculator (MARC)
Administer defined benefit and cash balance pension plans with one of the industry's leading retirement planning and communication tools.
MyBenefitChoice
Milliman’s benefits engagement platform allows employees and retirees to learn about, enroll in, or change their benefits all while providing plan sponsors with real-time data via a customizable dashboard.