Providers › Recordkeeping and administration
Service provider · Schedule C, plan year 2024
Milliman, Inc.
Most often reported for recordkeeping and administration
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Schedule C lists only providers a plan paid $5,000 or more, and is filed only by plans with 100 or more participants.
For plan year 2024, 597 retirement plans with 100 or more participants reported paying Milliman, Inc. $5,000 or more. Those plans cover 2,634,864 participant records, and the service most often reported is recordkeeping and administration.
Reported compensation from those plans, direct and indirect, totalled $87.9M. Per plan, the median was $73.32 per participant, with the middle half of plans between $34.86 and $144. These are amounts plans reported paying this organisation, not a price list: they depend on which services each plan buys and on how much is paid through fund expenses instead.
Its client plans are most numerous in New York (75), California (52) and Washington (47).
In 2009 it appeared on 657 such filings; in 2024, 611 (down 7%). Yearly counts include every filing that names it, so they can run slightly above the number of plans with pages here, and name or EIN changes after mergers can break the series.
Reported compensation per plan
| Across this provider's plans | 25th percentile | Median | 75th percentile |
|---|---|---|---|
| Compensation per participant | $34.86 | $73.32 | $144 |
| Compensation as a share of plan net assets | 0.05% | 0.11% | 0.22% |
What each plan reported paying this organisation, not the plan's total cost. For reference, the median US defined contribution plan reported $123 per participant to all Schedule C providers combined.
Plans served by year
Matched by employer identification number. A merger or a change of filing entity starts a new series, so a drop to zero is not a loss of clients by itself.
By state
By plan size
Services reported
Largest plans naming this provider
| Plan | Sponsor | State | Participants | Net assets | Reported to this provider |
|---|---|---|---|---|---|
| United Food & Commercial Workers Intl Union - Industry Pension Fund | Trustees of UFCW Int'l Union - Industry Pension Fund | IL | 204,155 | $8.12B | $495K |
| Culinary and Bartenders 401(k) Plan | Trustees of the Culinary and Bartenders 401(k) Trust | NV | 126,837 | $246M | $1.1M |
| 401(k) Savings Plan | Providence Health & Services | WA | 119,632 | $10.1B | $376K |
| Randstad North America 401(k) Plan | Randstad North America | GA | 90,250 | $674M | $828K |
| SEIU 775 Secure Retirement Plan | Board of Trustees, SEIU 775 Secure Retirement Trust | WA | 89,810 | $497M | $2.8M |
| Providence Health & Services 403(b) Value Plan | Providence Health & Services | WA | 60,228 | $6.55B | $181K |
| Barrett Business Services, Inc. Retirement Savings Plan | Barrett Business Services, Inc. | WA | 53,428 | $261M | $903K |
| American Federation of Musicians and Employers' Pension Fund and Subsidiary | Board of Trustees of the American Federation of Musicians and Employe | NY | 52,611 | $3.13B | $878K |
| UFCW International Union-Industry Variable Annuity Pension Plan | Trustees of the UFCW International Union - Industry Variable Annuity P | IL | 51,639 | $300M | $666K |
| Dillard's, Inc. Investment & Employee Stock Ownership Plan | Dillard's, Inc. | AR | 44,726 | $3.00B | $1.9M |
| St. Joseph and Covenant Health Systems 401(k) Plan | St.joseph Health System | WA | 42,076 | $4.47B | $144K |
| Whataburger 401(k) Savings Plan | Whataburger Restaurants LLC | TX | 41,380 | $262M | $10K |
| Pension, Hospitalization & Benefit Plan of the Electrical Industry - Pension Trust Acct | BD of TR of the Pension, Hosp & Benefit PL of the Elec Ind-Pension | NY | 40,749 | $5.24B | $205K |
| Gciu - Employer Retirement Benefit Plan | Board of Trustees Gciu-Employer Retirement Benefit Plan | WA | 37,126 | $1.76B | $303K |
| Berkshire Hathaway Consolidated Pension Plan | Berkshire Hathaway Credit Corporation | NE | 33,094 | $4.96B | $39K |
| Conduent Savings Plan | Conduent Business Services, LLC | NJ | 31,630 | $1.01B | $36K |
| Love's and Affiliated Companies 401(k) Savings Plan | Love's Travel Stops & Country Stores, Inc. | OK | 31,370 | $431M | $627K |
| Pruitthealth, Inc. Employees 401(k) Plan and Hero Fund | Pruitthealth, Inc. | GA | 28,935 | $267M | $1.1M |
| Heartland Dental 401(k) and Stock Participation Plan | Heartland Dental, LLC | IL | 27,923 | $1.14B | $40K |
| International Union of Journeymen and Allied Trades 401(k) Retirement Plan | Board of Trustees of Iujat 401(k) Retirement Trust | CT | 26,780 | $139M | $15K |
| Los Angeles Hotel-Restaurant Employer-Union Retirement Fund | Board of Trustees, Los Angeles Hotel-Restaurant | CA | 26,576 | $421M | $110K |
| International Painters and Allied Trades Industry Annuity Plan | Intl Painters & Allied Trades Ind. Pension Fund- | MD | 25,947 | $635M | $1.0M |
| Teamsters Pension Trust Fund of Philadelphia & Vic | Board of Trustees of Teamsters Pension Trust Fund of Philadelphia & VI | NJ | 24,600 | $2.48B | $266K |
| Carpenters & Joiners Defined Contribution Plan | Board of Trustees of the Carpenters & Joiners Defined Contribution Pla | MN | 23,909 | $811M | $791K |
| Frontier Communications Pension Plan | Frontier Communications Corporation | CT | 22,881 | $2.50B | $3.6M |
| MassMutual Pension Plan | Massachusetts Mutual Life Insurance Company | MA | 22,293 | $2.40B | $98K |
| Northwest Carpenters Individual Account Pension Plan | Board of Trustees, Northwest Carpenters Individual Account Pension Pla | CA | 21,456 | $707M | $1.0M |
| California Ironworkers Field Pension Trust | Board of Trustees, California Ironworkers Field Pension Trust Fun | CA | 21,447 | $3.49B | $198K |
| Wellstar Health System, Inc. Pension Plan | Wellstar Health System, Inc. | GA | 21,242 | $1.50B | $15K |
| New England Health Care Employees Pension Plan | Board of Trustees-New England Health Care Employees Pension Fund | CT | 21,117 | $1.01B | $120K |
| Frontier Communications Pension Plan | Frontier Communications Parent, Inc. | CT | 20,329 | $2.38B | $3.6M |
| Western Washington Laborers-Employers Pension Plan | Bot, Western Wa Laborers-Employers Pension Trust | WA | 19,989 | $1.47B | $181K |
| Pension Plan of General Atomics | General Atomics | CA | 19,371 | $1.02B | $1.4M |
| Paccar Inc. Retirement Plan | Paccar Inc. | WA | 18,129 | $2.60B | $112K |
| Baylor College of Medicine Retirement Plan | Baylor College of Medicine | TX | 15,776 | $1.95B | $8,825 |
| Clubcorp Individual Investment Plan | Clubcorp | TX | 15,263 | $82.7M | $195K |
| Automobile Mechanics' Local No. 701 Pension Fund | Trustees of Automobile Mechanics' Local No. 701 Pension Fund | IL | 14,856 | $1.23B | $174K |
| Equitable Retirement Plan | Equitable Financial Life Insurance Company | NY | 14,409 | $1.72B | $1.2M |
| Western Conference of Teamsters Supp Benefit Plan | Board of Trustees, Western Conference of Teamsters | CA | 13,908 | $74.4M | $167K |
| Retirement Plan for Employees of Uja-Federation | United Jewish Appeal-Federation of Jewish Philanthropies of NY | NY | 13,750 | $577M | $972K |
Questions and answers
How many plans does Milliman, Inc. serve?
597 plans with 100 or more participants named it on Schedule C for plan year 2024. Plans that paid it under $5,000, small plans that file Form 5500-SF, and plans whose filings spell its name without an EIN under a different form are not counted.
What do plans pay Milliman, Inc.?
The median plan reported $73.32 per participant in direct and indirect compensation (593 plans reporting an amount), or 0.11% of plan net assets. Eligible indirect compensation disclosed to the plan by formula is not reported as a dollar amount, so many filings understate what a provider receives.
What services are reported?
The service codes most often attached to it are Recordkeeping and information management (324 plans), Actuarial (250 plans), Participant loan processing (183 plans) and Consulting (pension) (152 plans).
Where does this come from?
Schedule C of Form 5500, Part I line 2, from the EBSA research files with filings received through 24 Aug 2026. Individuals named on Schedule C are excluded from this site.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, Schedule C Part I line 2, public domain, with filings received through 24 Aug 2026. Rows are grouped by the provider's EIN as entered by each plan; rows without an EIN join the EIN most often filed under the same name. Providers named on fewer than 25 plans have no page. See the methodology and corrections.