Alliance Benefit Group announced June 9 that it has added The Retirement Plan Company, LLC (TRPC) to its national network. Founded in 1992, TRPC is headquartered in Nashville, Tenn. with regional offices in Dayton, Ohio and Greenville, S.C., and is among the largest independent record keepers and TPAs in the Midwest and Southeast.
TRPC’s open architecture record keeping platform combines custom account management tools with industry-leading investment research and retirement planning software to serve 1,100 DC plans with over $3 billion and 47,000 participant balances. As TPA and DB plan actuary, TRPC provides administration and actuarial services for 1,200 retirement plans directly, and provides TPA outsourcing services for an additional 2,700 plans that are served primarily by eight different mid-sized TPA firms throughout the country.
“I’ve known John Kopra and TRPC for many years. They are a high-quality firm, with an interesting business model that ABG members will learn from,” said Don (Mac) Mackanos, President of Alliance Benefit Group, LLC. “TRPC has made impressive usage of its software engineering team, which has created a number of automation tools not available elsewhere in the marketplace. One set of automation tools in particular has enabled TRPC to build and manage a substantial offshore business unit. Adding TRPC provides ABG with greater geographic coverage for our various distribution opportunities, with our value proposition of local sales assistance and local servicing.”
“The Retirement Plan Company is honored to be an ABG member firm,” said John Kopra, President of TRPC. “Our ABG affiliation enables us to provide services on a truly national scale. ABG’s member firms are growing by bringing comprehensive, market-leading services to employers and their employees. We look forward to accelerating TRPC’s rapid growth through our ABG affiliation and gaining the benefits of sharing best practices delivered by industry leading firms.”
