PRESS RELEASE

April 1, 2025

For Immediate Release
Theresa Conti
Executive Director, The Cerrado Group

THE CERRADO GROUP ANNOUNCES PROFESSIONAL BENEFIT SERVICES AS NEWEST MEMBER FIRM

NATIONAL – The Cerrado Group is pleased to announce that effective April 1, 2025, Professional Benefit Services, Inc. (PBS) will become a member firm of the group.  The firm was founded in 1989 by Garth Rouse and Rene Jones and today it continues to be owned and operated by the same family. The firm is one of the largest and most respected firms in the pacific northwest.

PBS CEO Greg Jones notes “We are excited to join the Cerrado Group, the leading network of privately held TPAs in the retirement plan industry. This partnership enhances our ability to collaborate with some of the industry’s most forward-thinking leaders, accelerating innovation and ensuring we stay ahead in an ever-evolving landscape. At PBS, we remain deeply committed to the unbundled TPA community and dedicated to strengthening and expanding our value proposition.”

Cerrado Group Executive Director, Theresa Conti says “Having Professional Benefit Services join The Cerrado Group is a differentiator.  Their long-time involvement in our industry as a family run firm along with their expertise in employee benefits administration is one of a kind.  They have administration capabilities in addition to retirement plans in the areas of health, dental, vision along with HSA, FRA, HRA and COBRA.  We are very happy to have them as part of the organization!”

The addition of PBS continues The Cerrado Group’s goal of representing the best that the industry has to offer, both from a service and industry wide knowledge base point of view. Member firms have a footprint that covers a significant portion of the nation, and they service retirement plans of all types. 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:
Theresa Conti, Executive Director of The Cerrado Group
TConti@cerradogroup.org
480-600-2348