Deals & People June 11, 2010

The Retirement Advantage Acquires Benefits Consulting Group

The Retirement Advantage, Inc. (TRA) announced the acquisition of Benefits Consulting Group, LLC (BCG) of Holyoke, Massachusetts.

Reported by

PLANADVISER staff

“The acquisition of BCG furthers our corporate strategy of accelerated growth in the retirement plan administration industry,” said Matt Schoneman, Chief Operating Officer, at TRA, in the announcement. “BCG was a natural fit for TRA because BCG shares the same commitment to client service and excellence that has been the foundation of TRA.

The Retirement Advantage is an independent third party administrator, offering businesses and individuals a wide range of products and services, including retirement plan administration and consulting services. The firm delivers service to 3,500 retirement plans and 185,000 participants nationwide.

More information is available at http://www.tra401k.com or http://www.trasolok.com.