DB administration: Calculation support for small plan By Deepak Jain | 09 May 2018 The challenge Milliman was contacted by the sponsor of a 2,000-participant defined benefit (DB) plan to assist in their plan administration. As a plan administrator, Milliman typically designs an administration system to meet all the client’s requirements. The typical system houses a complete database for the client, increasing overall efficiency. However, considering the challenges facing the client, a fully integrated administration system was not the appropriate solution. Challenges Milliman was given two to three weeks to implement the entire calculation setup versus the standard six to nine months for implementation. The client had a very limited budget but needed calculation support. They were not look

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