For more stories like this, sign up for the PLANSPONSOR NEWSDash daily newsletter.
Products June 21, 2011
TSA Consulting Acquires TPA Firm
June 21, 2011 (PLANSPONSOR.com) - TSA Consulting Group, Inc., an independent provider of 403(b) and 457(b) retirement plan administration services, has announced a definitive agreement to acquire Great American Plan Administrators, Inc. (GA Plan), a subsidiary of Great American Financial Resources, Inc. of Cincinnati, Ohio.
Reported by
Rebecca Moore
According to the announcement, it is expected that TSA Consulting Group will acquire 100% of the outstanding stock of GA Plan and assume all contractual obligations and services provided by GA Plan effective July 1, 2011. The addition of GA Plan’s clients to TSA’s will result in over 2000 public school districts and colleges in 38 states receiving services under TSA’s comprehensive Compliance Edge program.
TSA Consulting Group has been providing retirement plan administration services to public education employers since 1996.
More information is at http://www.tsacg.com.You Might Also Like:
SIFMA Coalition Urges Senate to Advance CIT, E-Delivery Bills
According to the trade groups, the legislation should anchor a Senate package aimed at both strengthening capital formation and protecting...
Faith-Based Group Urges Congress to Authorize CITs in 403(b) Plans
The National Association of Christian Lawmakers joined the growing campaign to allow lower-cost investment vehicles in nonprofit retirement plans.
401(k), 403(b) Saving Rates Hit Record Levels in Q1 Despite Market Volatility
Account balances dipped slightly, however, according to data from Fidelity.