Milliman wins “Best in Class” defined contribution recordkeeper and “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.

Milliman was named a 2026 PLANSPONSOR Best in Class defined contribution (DC) recordkeeper, ranking first overall in the >$200M–$1B plan asset size category. The firm excelled in participant services, sponsor services and support, and plan administration, earning 12 Best in Class awards. Since 2017, Milliman has earned 218 PLANSPONSOR Best in Class awards.

In addition, Milliman DC consultant and relationship manager Hector Palacios received the 2026 PLANSPONSOR Service Star Award, one of only seven individuals selected from 390 nominations for exemplary service, as nominated by plan sponsor clients.

“Being honored with a Service Star Award is especially meaningful because it comes directly from our clients,” said Kari Jakobe, a Milliman principal and DC administration practice leader. “We are grateful for the trust clients place in our consultants and relationship managers. Hector’s recognition speaks to the high level of care and commitment he brings to each client.”

“Earning a PLANSPONSOR Best in Class Award again this year reflects the strength of our client relationships and the confidence DC administration clients and advisors place in our team,” said Kyle Hughes, a Milliman principal and EB administration & consulting national sales leader. “These recognitions challenge us to continuously raise the bar in how we serve and deliver value. We are privileged to support plan sponsors navigating increasingly complex environments and we remain committed to delivering healthy financial outcomes for participants.”

Milliman’s approach is grounded in independence, transparency, and a deep understanding of the evolving retirement landscape. The firm continues to deliver tailored solutions that enhance participant outcomes and support long-term plan success.

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.