-

Milliman wins “Best in Class” defined contribution recordkeeper, “Service Star” awards from PLANSPONSOR

SEATTLE--(BUSINESS WIRE)--Milliman, Inc., a premier actuarial, consulting, and benefits administration firm, is pleased to announce multiple recognitions by PLANSPONSOR as part of their annual awards for excellence.

"We are honored to have our efforts in 401(k) administration recognized by the clients we serve,” said Gerald Erickson.

Share

Milliman was named a 2025 PLANSPONSOR Best in Class defined contribution (DC) recordkeeper, ranking first overall in the $50mm–$200mm plan asset size category. The firm excelled in participant services, sponsor services and support, and plan administration, earning 11 Best in Class awards. Since 2017, Milliman has achieved 206 PLANSPONSOR Best in Class awards.

In addition, Milliman principal and DC consultant John Donohue received the 2025 PLANSPONSOR Service Star Award, one of only eight individuals selected from 427 nominations for exemplary service as nominated by plan sponsor clients.

Further, Milliman client Boys & Girls Clubs of America was named as a finalist for the Plan Sponsor of the Year award, which recognizes retirement plan sponsors that show a commitment to their participants’ financial health and retirement success. The Milliman-administered Boys & Girls Clubs of America Master Retirement Plan provides individual Clubs with cost savings and services typically only available to larger employers.

"We are honored to have our efforts in 401(k) administration recognized by the clients we serve,” said Gerald Erickson, Milliman DC Taft-Hartley practice leader. “Earning these awards year after year underscores our unwavering commitment to excellence. John's Service Star Award is just one example that highlights our consultants' dedication to service and client-focused results."

“We also want to congratulate our client, Boys & Girls Clubs of America, for earning a finalist spot for Plan Sponsor of the Year,” added Brad Kuebler, a Milliman principal and DC Association/MEP practice leader. “The recognition underscores the organization’s commitment to employees’ financial health and retirement success through the Boys & Girls Clubs of America Master Retirement Plan.”

About Milliman

Milliman leverages deep expertise, actuarial rigor, and advanced technology to develop solutions for a world at risk. We help clients in the public and private sectors navigate urgent, complex challenges—from extreme weather and market volatility to financial insecurity and rising health costs—so they can meet their business, financial, and social objectives. Our solutions encompass insurance, financial services, healthcare, life sciences, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe. Visit us at milliman.com.

Contacts

Kyle Hughes
Milliman, Inc.
Tel: +1 214 863 5069
kyle.hughes@milliman.com

Milliman, Inc.


Release Summary
Milliman was named a 2025 PLANSPONSOR Best in Class defined contribution (DC) recordkeeper, ranking first overall.
Release Versions

Contacts

Kyle Hughes
Milliman, Inc.
Tel: +1 214 863 5069
kyle.hughes@milliman.com

More News From Milliman, Inc.

Milliman Appleseed secures regulatory approval in 40 states for Guidewire HazardHub Fire Suppression Score (FSS) 2.0

SEATTLE--(BUSINESS WIRE)--Milliman Appleseed now has regulator-approved filings across 40 U.S. and D.C. for the Guidewire HazardHub Fire Suppression Score (FSS) 2.0....

Milliman analysis: Surging discount rates lift corporate pension funded ratio to 114.5% during September

SEATTLE--(BUSINESS WIRE)--Milliman, Inc., a premier global consulting and actuarial firm, today released its monthly Milliman 100 Pension Funding Index (PFI), which analyzes the 100 largest U.S. corporate pension plans. The funded status of the Milliman 100 PFI plans rose by $19 billion during September after discount rates rose 47 basis points (bps) during the month, up to 6.47%, and shaved $54 billion off plan liabilities. This more than offset disappointing investment returns of -2.21% for t...

Milliman launches new business advisory services in the UK with hire of two managing directors

LONDON--(BUSINESS WIRE)--Milliman announces new Business Advisory services in the UK...
Back to Newsroom