Houston-based RHI provides a full range of services for defined contribution and defined benefit plan sponsors as a third-party administrator, including recordkeeping, regulatory compliance and actuarial services. Extended services, such as trustee services, are also offered through alliance partners.
The acquisition brings an additional 150 plans, 45,000 participants and $900 million in assets under administration to GoldK. The terms of the deal weren’t disclosed.
RHI serves several defined contribution plans with more than 1,000 participants or more than $50 million in plan assets, according to RHI.
RHI is GoldK’s fourth acquisition in the last 10 months. Earlier deals included:
· the Retirement Plan Services division of
Gallagher Benefit Services,
· A.C.G. Associates, and
· Paradigm Financial Corp