SEATTLE, March 15, 2017 /PRNewswire/ -- Milliman, Inc., one of the premier actuarial and benefits administration firms, today announced it has added the Painters and Allied Trades District Council 82 DC Plan as a defined contribution client. The plan covers collectively bargained members in the states of Minnesota, Wisconsin, and North Dakota with approximately 2,300 participants and $155 million in plan assets.
Milliman is providing recordkeeping, consulting, and communication services for the District Council 82 defined contribution plan.
"It was important we found a good partner who understood our issues and concerns and was able to work with us to ensure we succeeded in this effort. It's very important to our members," said Terry Nelson, Business Manager for District Council 82 and Chairman of the Board of Trustees. "We felt Milliman was the right fit for us."
"We were thrilled to hear that the Trustees of the Painters and Allied Trades District Council 82 DC Plan chose to hire Milliman," said Gerald Erickson, principal and senior consultant at Milliman. "The Trustees decided to merge two different plans together and it was necessary they had a solid solution in place for their members. The Trustees were confident in our reputation for client service and the solution and approach we discussed resonated with them," Erickson added.
For more information about Milliman's employee benefit services, go to http://www.milliman.com/solutions/retirement.
Milliman is among the world's largest providers of actuarial and related products and services. The firm has consulting practices in healthcare, property & casualty insurance, life insurance and financial services, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe. For further information, visit milliman.com.
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SOURCE Milliman, Inc.