In the early 1970s, Farmers Union Central Exchange, later known as CENEX and part of Cenex Harvest States (CHS), developed a thrift savings plan for its affiliated local cooperatives. That savings plan matured into the Co-op 401(k) Plan, the largest plan of its type in the United States, which Milliman has continued to successfully administer and grow over the years.
| 2008 | ![]() |
Fiduciary Board approves increased flexibility for profit sharing allocations, eligibility rules, and vesting schedules |
| 2007 | ![]() |
Roth 401(k) contributions are added to the plan |
| 2006 |
![]() |
The Milliman Co-op 401(k) Plan Fiduciary Board approves the plan's seventh overall and third consecutive fee reduction |
![]() |
Milliman introduces a new, more personalized account statement | |
![]() |
Plan assets top $400 million | |
| 2005 |
![]() |
Milliman unveils a new branding identity for the Co-op 401(k) Plan |
![]() |
The Co-op 401(k) Plan Fiduciary Board approves the plan's largest fee reduction in its 11-year history | |
| 2004 |
![]() |
Milliman expands the plan's Benefits Service Center and adds paperless withdrawls |
![]() |
The Milliman Co-op 401(k) Plan celebrates 10 years of service | |
![]() |
Plan assets top $300 million | |
| 2003 |
![]() |
Milliman adds options for participants to have their accounts professionally managed through Agi-Invest, LLC |
| 2002 |
![]() |
Milliman launches a comprehensive investment advice program |
| 2001 |
![]() |
Online investment advice module and auto rebalance features added to the plan's Web Service Center |
![]() |
Same-day exchange capabilities are implemented | |
| 2000 |
![]() |
Plan assets top $200 million |
![]() |
Milliman partners with Agi-Invest to offer direct investment advice for retirees and participants nearing retirement | |
![]() |
The plan's Web Service Center is launched | |
| 1998 | ![]() |
Triangle Cooperative Service Company endorses the plan |
![]() |
Farmland Industries merges with SF Services and selects Milliman as the preferred 401(k) plan provider for 60 local cooperatives affiliates | |
| 1997 |
![]() |
Plan assets reach $100 million |
| 1996 |
![]() |
21 Harvest States affiliates consolidate with the plan |
| 1995 |
![]() |
Assets are transferred to the Charles Schwab Trust Company |
![]() |
Milliman unveils a new participation review program designed to boost employee participation | |
| 1994 |
![]() |
Milliman is hired as the new service provider for the plan, which is renamed Co-op 401(k) Plan |
| 1991 | ![]() |
The Y.E.S. Retirement Plan Committee is officially recognized |

