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View More Press Releases by The Retirement Advantage [TRA]

Press release:

The Retirement Advantage Acquires Capital Pension Services, Inc.

Issued by: The Retirement Advantage [TRA]

Date: Jan. 12, 2016

APPLETON, WIS. (January 12, 2016) – The Retirement Advantage, Inc. (TRA), an industry-leading retirement plan solutions provider, has announced the acquisition of Capital Pension Services, Inc. (CPSI), a Woodbridge, VA based TPA.  

“We are very excited about the CPSI team joining the TRA family” said TRA President, Matt Schoneman. “CPSI has been an innovative leader for decades. Our combined resources and capabilities position us to continue providing clients with high level administrative and consulting services.”  

“The CPSI acquisition of 400 clients and 12 staff members furthers TRA’s corporate strategy of accelerated growth and will offer TRA additional marketing opportunities in the Mid-Atlantic region” asserts Schoneman.

“TRA is the perfect fit for us. We share a common culture of providing the best service to our clients and advisors. We are looking forward to the extra resources that will be available to us and are very excited at what the future holds for both of our firms.”

“TRA’s commitment to CPSI will strengthen TRA’s capabilities and services, allowing us to maintain our long-term focuses on serving our clients' needs and remaining a top workplace for our associates,” said Schoneman.

About The Retirement Advantage:
The Retirement Advantage, Inc. (TRA) is a premier third party administrator that specializes in administration, consultation and compliance of retirement plans for small, privately held businesses nationwide. Currently TRA services more than 5,000 plan sponsors, 300,000 plan participants and has more than $5 billion in retirement assets under its administration. For additional information, please visit

TRA’s free mobile app is available for download from Apple’s iTunes Store and the Google Play Store simply by searching for “The Retirement Advantage.”


Media Contact:
Matt Schoneman, President
The Retirement Advantage, Inc.

View More Press Releases by The Retirement Advantage [TRA]

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