With Milliman’s affordable, quick-to-administer plan for cooperatives, sponsoring and participating in a 401(k) plan is easy. Cooperatives and members can efficiently manage all aspects of the plan online.
Account installation & administration services
Cooperatives have a business to run, so Milliman minimizes the plan paperwork for managers and other cooperative staff. From account installation to administration, online access to documents, forms, and reports is quick and easy. Daily recordkeeping and customer service keeps your plan up-to-date and members growing toward retirement.
Milliman helps plan participants focus on the future, with 401(k) educational materials, a toll-free 401(k) hotline, and a Web Service Center, through which participants can manage their portfolios anytime. Participants can choose from a variety of high-quality, low-cost investment funds, plus three tiers of investing: self-directed portfolios, model portfolios, and professionally managed accounts.