TSA Consulting Group, Inc. Announces Acquisition of the 403(b) Plan Solutions Program – Security Financial Resources, Inc.

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TSA Consulting Group, Inc., one of the nation’s largest independent providers of 403(b) and 457(b) retirement plan administration services, today announced a definitive agreement with Security Financial Resources, Inc. to acquire their 403(b) Plan Solutions Program. The acquisition will enhance TSA Consulting Group’s leadership position and overall market share while providing the potential for significant operational synergies.

Under the terms of an all-cash purchase agreement, TSA Consulting Group will acquire the 403(b) Plan Solutions Program effective April 10, 2014. The addition of these clients to TSA’s will result in over 2000 public school districts and colleges in 47 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. Their trademarked program of services combines standard deliverables such as plan documents, employer and participant services and recordkeeping, as well as non-standard extras including tailored employee communications components and web-based transaction and remittance processing. “Our continued commitment to this market is evidenced by the number of long-term clients that continue to place their trust in our services,” said Joe Rollins, President/CEO.

The company’s long list of clients includes 12 of the top 25 largest school districts in the U.S. and represents over 1 million employees. “We are excited about this opportunity and confident in our systems and capacity to deliver truly independent plan administration services to a greater number of public education employees,” remarked Steve Banks, Chief Operations Officer.

TSA Consulting is an independent provider of retirement plan compliance and administration services primarily to public education employers. TSA is not affiliated with any investment product provider and does not offer investment advice.

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Sherry Marcolongo

Joseph Rollins
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