Established TPA Begins Next Phase of Operations with Definiti

HOUSTON (June 29, 2023) –Definiti, a national retirement services firm, today announced the acquisition of Retirement LLC, a third-party administrator serving close to 1,500 plan sponsors in the administration of their 401(k), recordkeeping and defined benefit plans.

“We’re delighted to welcome the Retirement LLC team and its plan sponsors into our operations,” said Tom Gaillard, CEO, Definiti. “It’s a robust firm with a great reputation for working closely with financial advisors and recordkeeping partners. We look forward to working with our newest colleagues, learning from them as we continue to serve Retirement LLC’s plans.”

“We can leverage Definiti’s scale, technology, personnel and processes to serve our advisors and plans”, said Dana Hagen, President at Retirement LLC. “I’m very pleased that Definiti has retained the Retirement LLC staff, and I’m personally looking forward to helping Definiti grow as a senior member of the organization.”

With the acquisition of Retirement LLC, Definiti now services more than 15,000 retirement plans across the United States with more than 330 professional personnel.

Retirement LLC will be rebranded as Definiti later this year when the business integration is completed.

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About Definiti

From 401(k) plan design and administration, compliance and actuarial consulting, to pension outsourcing and recordkeeping, Definiti helps organizations deliver smart retirement solutions to their employees. With hundreds of experts across the country, including in-house actuarial consultants, ERISA attorneys, document specialists and retirement plan consultants, Definiti helps clients redefine what’s possible with workplace retirement plans.

Media Contact

Elke Giba
elke.giba@definiti.com