Recordkeepers
NAPAFIRMPARTNERS
Plymouth, IN • ktradeonline.com
Seattle, WA • milliman.com
Milliman
North American KTRADE Alliance, LLC
Key Contact(s)
Key Contact(s)
Kyle Hughes 214.863.5069 • kyle.hughes@milliman.com Gerald Erickson 952.820.2401 • gerald.erickson@milliman.com
Trent Newcomb 888.954.9321 • tnewcomb@ktradeonline.com Steve Gradeless 614.623.3438 • sgradeless@ktradeonline.com
Firm Profile
Firm Profile
Since 1947, Milliman has provided expert retirement plan recordkeeping, administration, and consulting for public, private, not-for-profit, multiple employer plan, and Taft-Hartley clients across a broad range of industries. Our experience includes 401(k), 403(b), 457, ESOPs, cash balance, traditional pension, money purchase and nonqualified plans. We combine decades of benefits experience, the highest client service standards, and leading-edge technology to create an integrated, engaging experience for plan sponsors and participants to help achieve healthy financial outcomes.
Primary Market(s) Served
Primary Market(s) Served Mid: $10-$100 million, Large: $100-$250 million, Mega: >$250 million
Plans / Participants Served by Type*
401(k): 1,002 / 967,806 Defined Benefit (Traditional): 409 / 1,007,272
Total Assets Administered
KTRADE is a true open architecture recordkeeping service, used mainly by feebased RIA firms and IARs of Broker/Dealer’s RIAs. We work with a number of Custodians. Our platform is FIS Relius ASP. We are owned by the TPAs who use our service. Our Demo Accounts, with no User Name or Password needed, can be found by selecting “Resources” on the main menu of our site, which is www. ktradeonline.com. Share accounting not unit accounting is used. Micro: <$1 million, Small: $1-$10 million, Mid: $10-$100 million
Asset Allocation Funds Numerous Asset Allocation Funds are available.
Advisor Support Services
External Wholesalers Focused on Advisors: 1 Internal Wholesalers Focused on Advisors: 2
$126,854,907,363
Compliance Support, Training for DC Plan Sales/Service, Investment Committee Meetings
Plans by Channel
Participant Support Services
Direct: 5 / Advisor: 95
Platform(s) Used
In-Plan Lifetime Income Options, Rollover Services, Call Center Support, Smartphone Access to Participant Balances
DC: FIS OmniPlus DB: Proprietary
Plan Sponsor Service(s) Available
Asset Allocation Funds
KTRADE is owned by the TPAs who use our service. These TPAs are known for their extensive plan design and regulatory knowledge.
Milliman provides a completely open architecture platform
Advisor Support Services
External Wholesalers Focused on Advisors: 6 External Wholesalers Focused on Institutional: 4 Compliance Support, Plan Benchmarking
Participant Support Services Financial Wellness and Education, Rollover Services, Emergency Savings Account, Call Center Support, Smartphone Access to Participant Balances, Smartphone Transaction Access for Participants, Group and 1:1 Meeting Support, Managed Account Solutions, Model Portfolio Capabilities
Plan Sponsor Service(s) Available Milliman offers plan design/optimization consulting, compliance services, total retirement outsourcing, plan sponsor site with dashboard/robust reporting, legislative updates, actuarial consulting, with a personalized, high-touch approach.
*as of 6.30.23
NAPABLACKBOOK2023
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