SEATTLE, Feb. 2, 2017 /PRNewswire/ -- Milliman, Inc., one of the premier actuarial and benefits administration firms, today announced it has added the Iowa Sheet Metal Workers Local Union No. 263 as a defined contribution client. The plan covers collectively bargained members in the state of Iowa, with approximately 450 participants and $20 million in plan assets.
Milliman is providing recordkeeping and communication services for the union's retirement savings plan. DiMeo Schneider provides investment consulting services and Benefits Management Group, Inc. provides administration for the plan. Both assisted with the search.
"Milliman is committed to the Taft-Hartley community, and everything about our business model revolves around strong client service. We believe this has a lot of appeal to plan trustees", said Gerald Erickson, principal and senior consultant at Milliman. "Our value proposition is more than a commodity service, and the trustees clearly appreciated our client support team," 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.