Northeast Professional Planning Group, Inc., (NPPG) a leading employee benefits, retirement planning and actuarial consulting firm has announced the purchase of select assets of Sudbury Actuarial Consultants, Inc., an actuarial consulting services firm.
Sudbury Actuarial Consultants, Inc. (SAC), established in 2004 by Gayle Moses has successfully been providing retirement plan administration, design, consulting and actuarial services in the Boston Metropolitan area. Under the terms of the asset purchase agreement, NPPG will obtain a select group of retirement plan clients. The agreement was effective December 1, 2014.
“Plan sponsors can expect a seamless transition with an expanded array of comprehensive employee benefit and pension resources.” Commented Michael M. Salerno, Founder and CEO of NPPG. “One such resource is our 3(16) fiduciary service supported through NPPG Fiduciary Services. Employers often find it burdensome and costly to stay atop of ERISA compliance regulations. Our 3(16) fiduciary services helps to alleviate this administrative burden and associated liability from plan sponsors while enabling the employer to focus on business growth to retain and attract top talent.”
As an independent full-service employee benefits, retirement planning and actuarial firm, NPPG provides clients a full-suite of consulting services creating distinct benefit and retirement plan solutions. NPPG works closely with employers of all sizes to understand their unique business and financial needs. NPPG designs comprehensive benefits and retirement programs to help meet the needs of both plan sponsors and their participants.
Mr. Salerno added,“Our objective is simple. Provide the plan sponsor with the best available resources to help streamline the selection and implementation of a comprehensive benefit plan that meets both their budgeting needs while benefiting the plan participants.”
About Northeast Professional Planning Group (NPPG)
Northeast Professional Planning Group (nppg.com) is an independent full-service employee benefits, retirement planning and actuarial consulting firm, administering more than $2 billion in assets and more than 2,000 plans for clients nationwide. NPPG operates with our clients’ best interest in mind, customizing solutions to meet their business and financial goals. Clients include school boards and government agencies, members of the New York stock exchange, public companies and small entrepreneurial businesses.