Pentegra Services acquires plan administration firm

Pentegra Services acquires plan administration firm
New Pinnacle Consulting Group, of Cornelius, North Carolina, specializes in 403(b) plans and currently manages over 600 retirement plans.
JUL 29, 2022

Pentegra Services Inc., a White Plains, New York provider of retirement plan and fiduciary outsourcing solutions, has acquired New Pinnacle Consulting Group, a third-party retirement plan administration firm based in Cornelius, North Carolina.

Terms of the acquisition were not disclosed.

Founded in 2007, New Pinnacle Consulting specializes in 403(b) plans and currently manages over 600 retirement plans for clients nationwide. Pentegra will oversee the combined entity.

Pentegra will oversee the combined entity. Gary Mauger, co-founder and managing partner of
New Pinnacle, will continue to play an integral role in the new organization., Pentegra said in a press release. With this acquisition, all New Pinnacle employees will join the Pentegra organization.

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