Press Release

The Cerrado Group Announces TSC as Newest Member Firm

Issued by The Cerrado Group

May 1, 2021

NATIONAL – The Cerrado Group is pleased to announce its first new member firm since its launch on March 1, 2021. Effective May 1, 2021, TSC is joining the group. Minnesota-based TSC is one of the oldest and largest retirement plans third party administration firms in the Upper Midwest. TSC has been serving the retirement plan industry for more than 55 years and is one of the most respected firms in the nation, which made it a natural fit for the Cerrado Group and its existing members.

TSC President and longtime industry veteran Matthew Slyter, says that joining with The Cerrado Group “is an opportunity for us to bolster our commitment to innovation and service. The Cerrado Group’s core values of independence and flexibility are very well aligned with TSC’s own values. TSC is excited to team with other top firms and thought leaders to discuss new technologies, methods, and practices to ensure that we, and other Cerrado Group members, are able to provide employers and their advisors industry-leading service and expertise. We look forward to helping elevate the already high standards the TPA community brings to the retirement plan marketplace.”

“TSC is a natural fit within the Cerrado Group. They bring over 50 years of knowledge, experience, and integrity that is in complete alignment with our core values. Their reputation in the marketplace is unmatched when it comes to customer service and focusing on the needs of their clients. We are excited to have their team join us and are confident by doing so we will be even stronger as an organization in reaching our vision,” said founding member Joseph Burt, President of Pension Plan Specialists.

The addition of TSC brings the Cerrado Group membership to 10 firms representing the absolute best that the industry has to offer both from a service and industry wide knowledge base point of view. These firms have a footprint that covers 75% of the nation and service retirement plans of all types that total more $24 billion in assets under management. The Cerrado Group will continue to grow organically as new member firm applicants are identified and vetted for inclusion.

About the Cerrado Group: The Cerrado Group was founded by Nine of the nation’s preeminent Third Party Administrator (TPA) consulting firms, this member only, 501(c)(6) Trade Association was established to offer an entirely new approach to the highlyspecialized work of retirement plan design, reporting, compliance, administration, and industry education. The Cerrado

Group members, while remaining independent regional operators, actively combine their vast resources to fully serve the retirement plan industry at large.

 Website:
www.CerradoGroup.org

For more information, contact:
Ann Slotwinski, Executive Director of The Cerrado Group
aslotwinski@cerradogroup.org 808-209-0301

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