CUNA Mutual Group has acquired CPI Qualified Plan Consultants Inc., a Kansas-based retirement plan record keeper and the largest employee-owned third party administrator. CUNA Mutual will now service about 7,500 retirement plans with nearly $10 billion assets under management. CUNA Mutual's Retirement Plan Services division specializes in providing fully-bundled retirement plans to credit unions; before the acquisition, the company managed nearly $5 billion in assets.
CUNA Mutual acquires retirement plan TPA
By Danielle Andrus, AdvisorOne
From the August 2009 issue of Benefits Selling Magazine
