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What is Milliman MARC?

The Milliman Actuarial Retirement Calculator (MARC) acts as a comprehensive tool for managing pension plans, with a focus on delivering accurate and effective administration of defined benefit schemes. Initiated in 1991 by a talented group comprised of Milliman actuaries, retirement consultants, web developers, and IT specialists, MARC establishes a robust foundation for the calculation of pension benefits while ensuring the upkeep of vital administrative information. Its flexible architecture caters to multiple plan varieties and supports customizable options for calculations, reports, forms, data oversight, web interfaces, and workflow processes. By promoting participant engagement, MARC includes a user-friendly website that allows employees to access their personal data, engage in self-service activities such as adding beneficiaries, manage their forms and documents, communicate with plan sponsors, create pension projections, and conduct detailed retirement modeling. Furthermore, the tool not only simplifies the management of pensions but also significantly enriches the retirement planning journey for all involved, making it a valuable asset for both administrators and participants alike.

What is Fringe Facts?

Fringe Facts Online offers a robust suite of web-based tools designed to streamline the enrollment process and communication regarding employee benefits while ensuring user-friendliness and adaptability to meet specific needs. This platform efficiently utilizes your existing benefit rules, codes, and administrative practices, making it an economical solution for managing employee benefits. It allows for thorough enrollment and self-service capabilities during open enrollment periods, onboarding of new hires, and adjustments related to qualifying events or changes in status. Employees enjoy the convenience of enrolling in their benefits, modifying or adding dependents and beneficiaries, accessing confirmation statements, and updating personal information—all from any location with internet access, available around the clock. The system also includes various helpful features, such as calculators for Flexible Spending Accounts and retirement plans, online surveys, HR forms, Summary Plan Descriptions, and billing confirmations, ensuring that employees have all the necessary tools at their disposal. By providing these resources, it empowers employees to manage their benefits effectively and navigate the system with confidence and ease. Overall, Fringe Facts Online enhances the experience for both employers and employees during the benefits enrollment process.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Milliman

Date Founded

1947

Company Location

United States

Company Website

us.milliman.com/en/products/marc

Company Facts

Organization Name

Benefit Software

Company Website

www.ebix.com/fringe_facts_online

Categories and Features

Categories and Features

Benefits Administration

COBRA Administration
Claims Management
Deduction Management
Disability Insurance Administration
Employee Benefits Administration
FMLA Administration
FSA Administration
Flexible Spending Accounts
For Brokers
For Employers
HIPAA Compliant
Health Insurance Administration
Life Insurance Administration
Online Benefits Enrollment
Premium Billing
Provider Management
Retiree Administration
Retirement Plan Management

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