Great-West Adds Staff to Grow TPA Business

November 29, 2010 ( - Great-West Retirement Services has appointed Julie Costello, third-party administration (TPA) relationship manager for the west region.

In this newly created position, Costello is responsible for maintaining existing TPA relationships as well as growing Great-West Retirement Services’ TPA-supported 401(k) business. She reports to Tom Connolly, vice president, business development.   

According to a press release, prior to joining Great-West Retirement Services, Costello served as an investment associate for six years at Sheakley, a payroll and human resource outsourcing firm. She also gained expertise as a TPA regional manager for ING North America and worked for nine years at Paychex as a sales consultant.   

The announcement said Great-West Retirement Services has almost tripled its percent of sales with TPAs from 22% in 2007 to 65% through August 2010.