Press Release

Preferred Pension Planning Corporation Acquires Tri-State Pension Consultants, LLC

Issued by Preferred Pension Planning Corporation

July 7, 2021

Preferred Pension Planning Corporation, central New Jersey’s leading pension administration and actuarial services firm, today announced it has acquired the assets of Tri-State Pension Consultants, LLC.

“We are excited for this opportunity to grow the Preferred Pension family,” said Lawrence Zeller, President of Preferred Pension Planning. “Tri-State is a great fit for us, both in terms of the quality of service they provide to their clients and the professionalism of their team.”

Kevin McKeown, Principal of Tri-State Pension Consultants, will be joining the team at Preferred Pension. “My clients are everything to me,” McKeown said. “I am looking forward to bringing the resources and knowledge at Preferred Pension to continue to serve them.”

Preferred Pension Planning is eager to welcome their new plan sponsors aboard and are looking forward to a beneficial and productive partnership.

About Preferred Pension Planning

Preferred Pension Planning was founded in 1986 to provide pension actuarial services. Over 35 years, the firm has kept pace with changes in the industry, including the shift from defined benefit plans to 401(k) plans and the rise of cash balance plans in the small employer sector. The firm now employs 26 people at their office in Bridgewater, New Jersey and provides services to approximately 1,000 plans.

Preferred Pension Planning’s staff are among the most highly credentialed in the industry. Thirteen employees are credentialed members of the American Society of Pension Professionals and Actuaries (ASPPA), including 2 MSEAs and 8 CPCs. The firm is also certified by the Center for Fiduciary Excellence (CEFEX).

About Tri-State Pension Consultants

Tri-State Pension Consultants was founded in 2005 and provides plan design, consulting and administrative services from their office in Fairfield, NJ.

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