The acquisition of ProManage aligns with NPPG’s commitment to delivering innovative retirement solutions that address the evolving needs of employers of all sizes and their participants. The transaction significantly expands NPPG’s capabilities in managed accounts, financial wellness and retirement income, while further strengthening its growing retirement plan and pooled employer plan (PEP) platforms.
If you’re in Puerto Rico and need a PEP, there’s only one place to go—NPPG. The New Jersey-based firm’s acquisition of Oriental Bank’s recordkeeping and compliance departments, once one of the island’s largest retirement plan providers, revealed the need for pooled employer plans. NPPG founder Michael Salerno was excited about the opportunity, but only if done right.
NPPG Plan Professionals, LLC (NPPG), an industry-leading Pooled Plan Provider in the pooled employer plan space announced it has successfully met the required prerequisites and has registered as an investment adviser with the Securities and Exchange Commission (SEC).
PEPs Offer Employers a Cost-Effective Retirement Plan Solution to Provide Their Employees an Opportunity to Save for Their Financial Future. Shrewsbury, NJ – October 9, 2023 – Since 2021, the Setting Every Community Up for Retirement Enhancement (SECURE) Act has broadened the access to retirement plans for companies of all sizes. PEPs provide employers and
NPPG announces the acquisition of Oriental Pension Consultant Inc. and Oriental Bank’s (collectively, “Oriental”) retirement plan record keeping and third-party administration line of business
A defined benefit plan is not forever. If it is not terminated at the proper time, there can be serious consequences, ranging from taxable income to substantial excise taxes. The main culprit, among others is over funding. Click thumbnail to read full article written by NPPG’s own Charles Stipelman!
Chicago, IL (Feb. 7, 2022) — The ABA Retirement Funds (“ABA RF”), sponsor of the ABA Retirement Funds Program (the “Program”), announced today the selection of NPPG Fiduciary Services, LLC (“NPPG”) to serve as a preferred provider of ERISA 3(16) Plan Administrator services to Program plan sponsors who opt to use these services for a
With NPPG serving as the pooled plan provider, the “YOUR 401(k) PLAN” PEP will deliver retirement plan services to clients in collaboration with flexPATH Strategies as the ERISA 3(38) Investment Manager, and Voya Financial, as the plan recordkeeper. NFP, a leading insurance broker and consultant, will also serve as the consultant firm for adopting plan sponsors.
Shrewsbury, NJ October 28, 2021- National Professional Planning Group, Inc. (“NPPG”) is delighted to announce the acquisition of Consulting Actuaries Incorporated (CAI) of Fairfield, New Jersey. The acquisition furthers NPPG’s strategic commitment to growth and providing a wide range of integrated services for our clients with emphasis on compliance and fiduciary services. With offices in
Pooled Employer Plan (PEP) from industry leaders supports talent retention and attraction for business owners with easier access to a qualified retirement plan and protected income investments.
