TPA TRA Picks Up 300 Retirement Plans with Acquisition

The Retirement Advantage, Inc. (TRA) has announced the acquisition of DML Benefits, LLC. (DML), consisting of approximately 300 retirement plans.

“The acquisition of DML furthers our corporate strategy of accelerating the growth of our retirement services business,” said Matt Schoneman, COO at Port Washington, Wisconsin-based TRA.

The Retirement Advantage is an independent third-party administrator, offering business and individuals a range of products and services, including retirement plan administration and consulting services. The Retirement Advantage delivers service to 3,400 retirement plans and 175,000 participants nationwide.

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