Several of the nation's largest 457 plans, with billions under management, rely on Milliman's guidance. With more than 20 years' experience advising 457 plans, our trusted experts frequently serve as outsourced staff for plans that lack dedicated employees.
Our full spectrum of services includes:
- investment policy development and revision
- investment structure and menu of investment options analyses
- fund or manager selection, monitoring, and evaluation
- mutual fund window design
- stable-value fund oversight
- performance measurement and portfolio attribution analysis
- recordkeeper searches, bundled and unbundled with investments
- trustee/custodian searches
- asset allocation, investment advice, and guidance package comparisons
- employee communications materials
Milliman is fully up to date on emerging trends in the 457 plan sector. For example, we are experts in implementing a move from mutual funds into separate account structures. In the controversial area of how best to provide participant education, we can assist administrators in selecting appropriate vendors to meet their plan needs. We have also been instrumental in establishing trading restriction policies to halt market timing by plan participants.
Whether we are simply providing independent analysis, or serving as plan coordinator and overseeing all vendor activity, Milliman is the top choice of major 457 plan sponsors.
