SEATTLE, Aug. 8, 2016 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today announced it has added Jacobs Management Corporation as a defined contribution client. Jacobs Management Corporation is a privately held corporation which includes FLW, LLC, a premier tournament fishing organization; The J.R. Watkins Company, America's original apothecary manufacturer; Larson Boats, best known for their experience in quality boat manufacturing; Marquis Yachts, a builder of luxury and sport yachts; and Jacobs Trading Company, a recognized leader in the closeout trading industry.
David Mahler, Vice President-Treasurer at Jacobs Management Corporation, says, "We chose Milliman for their reputation as a trusted service provider who values commitment to client service. In addition, the website is user friendly and includes robust tools to assist participants in planning for retirement. Partnership with providers is critical, and Milliman's unique ability to design services and systems to meet the needs of all of our companies was a strong factor in our decision making."
Milliman will provide recordkeeping, administration, communications and compliance services for the Jacobs Group 401(k) Plan. Advanced Capital Group, headquartered in Minneapolis, assisted with the recordkeeper search and is the independent investment advisor providing consulting services for the Plan.
Gerald Erickson, Principal and Senior Consultant at Milliman, says, "At Milliman we believe most plan sponsors want strong service and a commitment to the industry, not just a low-cost or product-oriented sales pitch. Our focus is to provide superior service and value that exceeds our clients' expectations. Jacobs Management Corporation recognized this when they chose Milliman as their provider, and we look forward to an enduring relationship with them."
For more information about Milliman's employee benefit services, go to http://www.milliman.com/Solutions/Services/Defined-contribution-plan-administration/.
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 www.milliman.com.
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SOURCE Milliman, Inc.