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Creating and maintaining defined contribution (DC) plans is complicated work: Plans must be operated in an efficient manner and comply with a host of government regulations. Milliman consultants begin by determining what trustees envision for their plans. We help trustees address a host of structural and practical issues such as contribution rates, fee allocations, participation rates, member vesting, valuation frequency, and comprehensive best practices. We draw upon decades of experience in retirement plan consulting, effective and flexible software tools, and a disciplined process to create optimal solutions.
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Since 2017, Milliman has received 155 Best in Class awards and eight service commendations in categories that include technical expertise, cost to value, website, education, recordkeeping and service team.
This article provides an overview of the distribution process and why now may be…
Senior Consultant – Taft Hartley DC Practice
John Donohue is a senior consultant for Milliman's Employee Benefits Administration Taft-Hartley Defined Contribution Practice. He joined the firm in 2016.
Tom Carrabine is a senior consultant for Milliman’s Employee Benefits Administration Taft-Hartley Defined Contribution Practice. He joined the firm in 2016.
Gerald Erickson is a principal and benefits consultant with Milliman’s Employee Benefits Practice. He joined the firm in 1996 and is located in the Minneapolis office.
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