PRESS RELEASE
June 1, 2024
For Immediate Release
Ann Slotwinski
Executive Director, The Cerrado Group
THE CERRADO GROUP ANNOUNCES PINNACLE PLAN DESIGN, LLC AS NEWEST MEMBER FIRM
NATIONAL – The Cerrado Group is pleased to announce that effective June 1, 2024, Pinnacle Plan Design, LLC will become a member firm of the group. Founded in 2001 Pinnacle Plan Design, LLC is a nationally recognized leader in the design and administration of qualified retirement plans administering over 2000 plans with more than 20,000 participants.
Pinnacle CEO, Amanda Rae Iverson says “We are excited to join the Cerrado Group, a distinguished network of independent TPAs within the retirement plan industry. This collaboration symbolizes not just a sharing of our own insights and innovations, but also an opportunity to learn from other independent firms throughout the country. We anticipate a rich exchange of ideas and strategies that will enhance our firm practices and services. Joining this network of independent TPAs reinforces our dedication to enriching and expanding our practice, ultimately benefiting our clients, and the broader retirement plan community we serve.”
Echoing the excitement of this new addition, Jordan Cross, President of CrossPlans and a Founding Member of The Cerrado Group, states, “Pinnacle Plan Design’s commitment to excellence and progressive thought leadership around the future direction of our industry made the firm an obvious candidate for The Cerrado Group. Not only do they specialize in executing sophisticated and complex plan design and administration solutions, their commitment to metrics, tracking and reporting makes them an ideal candidate for The Cerrado Group as we proudly continue to grow our plan count, participant count and total assets under administration with the strongest independently owned firms in the country. Pinnacle Plan Design’s leadership team recognizes and embraces the importance of culture, service to the industry and most importantly commitment to their team and people. As the Cerrado Group begins to roll out focused initiatives with our strategic industry partners, firms like Pinnacle Plan Design will help us implement, execute and grow new offerings, lines of business and opportunities to better support our existing clients, centers of influence and the industry.”
The addition of Pinnacle Plan Design brings the Cerrado Group membership to 17 firms representing the best that the industry has to offer, both from a service and industry wide knowledge base point of view. These firms have a footprint that covers more than 86% of the nation and service retirement plans of all types, that total more $48.6 billion in assets under management in over 25,000 plans and serving more than 864,000 participants. The Cerrado Group continues to grow organically as new member firm applicants are identified and vetted for inclusion. Making a continuing impact on the industry, members can be seen speaking at industry events, sales meetings, educational forums, and industry webinars, sharing their knowledge and expertise with other firms, advisors, and employers.
About the Cerrado Group:
The Cerrado Group was founded by Nine of the nation’s preeminent Third Party Administrator (TPA) consulting firms. This member only, 501(c)(6) Trade Association was established to offer an entirely new approach to the highly specialized work of retirement plan design, reporting, compliance, administration, and industry education. The Cerrado Group members, while remaining independent regional operators, actively combine their vast resources to fully serve the retirement plan industry at large.
Website:
www.CerradoGroup.org
For more information, contact:
Ann Slotwinski, Executive Director of The Cerrado Group
808-209-0301
