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View More Press Releases by The Retirement Advantage [TRA]

Press release:

The Retirement Advantage, Inc. (TRA) Searches for Acquisition Opportunities

Issued by: The Retirement Advantage [TRA]

Date: Feb. 22, 2016

As an industry-leading provider of third party administration services, The Retirement Advantage, Inc. (TRA) specializes in administration, consultation and compliance of retirement plans for small and medium sized privately held businesses nationwide. Since our founding in 1996, TRA has enjoyed consistently high growth, which can be attributed to the firm’s plan of strategic acquisitions and organic sales.

Fresh off its acquisition of Capital Pension Services, Inc. in Woodbridge, Virginia, TRA is looking to continue growth through synergistic acquisitions in 2016.

Matt Schoneman, President of TRA affirms, “We generally seek to target TPA’s that fit within our corporate strategy and core competencies and help us strengthen existing capabilities, extend our market position and build economies of scale.”

TRA is comfortable considering companies that may have recently lost their momentum or may be underperforming in some way. “We are well suited to work with companies in need of a Chief Executive Officer, such as corporate divestitures or family-held businesses with no successors,” asserts Schoneman.

“We understand acquiring a business is a “People Business” first and foremost and work to create business opportunities that deliver real value to real people.”  “These transactions are life-changing events for business owners, their families and employees. We understand the psychology of the deal and the emotions and implications that come with it,” stated Schoneman.  “We are offering business owners a chance to explore transition of ownership, quickly for cash and seamlessly transition the business.”

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 www.tra401k.com.

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.”

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View More Press Releases by The Retirement Advantage [TRA]


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