Retirement Advantage Acquires DML Benefits
PORT WASHINGTON, WI, November 10, 2008 -- The Retirement Advantage, Inc. (TRA) today 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, Chief Operating Officer, at TRA. "DML provides an excellent fit with our focus on client service and strengthening our leadership in the retirement services market."
According to Schoneman. "As a result acquisition, clients should expect continued, seamless operations and "business as usual" from their service team," he said. "Over time, while bringing together the best of both companies, clients will also have access to a broader set of total retirement solutions through TRA," he added.
About The Retirement Advantage
The Retirement Advantage is a leading independent Third Party Administrator, offering business and individuals a wide range of superior 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. For more information, visit www.tra401k.com or www.trasolok.com.
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