Cerulli Associates Names ADMIN Partners Among the Elite

In a just released industry report published by Cerulli Associates, ADMIN Partners was identified as an “elite and best-practicing 403(b) TPA.”

As many of you know, Cerulli Associates is a noted research advisory firm for the financial services industry. In a special report entitled, Evolving Role of TPAs in the Small- and Mid-Sized Retirement Plan Markets: Implications for Asset Managers and Distributors, an extensive segment on the 403(b) market place was featured.

In a case study accompanying the report, Cerulli said of ADMIN, “…a few select firms have risen above the rest as best practicing TPA firms.” The report noted our consultative and relationship-based approach, the depth of services and our fee transparency as some of the reasons for this distinction.

The 403(b) market continues to be in a state of evolution, and as the Cerulli report rightly indicates, there has been some “weeding out of less-than-satisfactory TPAs…” over the last couple years.

While it is very nice to be recognized by our industry, the simple truth of the matter is that without the confidence and support our clients and strategic partners, we would not be here to receive such recognition.

Tags: 403(b) plan, tpa