Economic Group Pension Services
Economic Group Pension Services is a US third-party administrator founded in 1971 that provides plan design, administration, actuarial consulting, 3(16) fiduciary services, and compliance consulting for employer-sponsored retirement plans, now operating as a Blue Ridge Associates subsidiary after the May 2026 acquisition.
- Company typePrivate
- Founded1971
- HeadquartersNew York, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Economic Group Pension Services does
Economic Group Pension Services (EGPS) is a US third-party administrator (TPA) of employer-sponsored retirement plans, founded in 1971 and headquartered in New York. The firm delivers plan design, ongoing administration, actuarial consulting for defined benefit and cash balance plans, ERISA Section 3(16) fiduciary services, and compliance consulting across the full range of qualified retirement plan types — including 401(k), 403(b), 457, profit sharing, cash balance, defined benefit, ESOPs, nonqualified plans, and prevailing wage plans. EGPS administers 7,200 plans representing approximately $17 billion in assets under administration, served by roughly 260 employees across offices in New York, Mobile, New Orleans, Orange County, and San Diego, with a national sales team covering all 50 states.
The technology foundation is a web-based TPA platform with the PlanSponsorLink client portal for sponsor access to plan information, documents, and reporting, alongside an EGPS ShareFile workspace used to collaborate with TPA partners. Domain infrastructure is built around an in-house actuarial team — including Chief Actuary Norman Levinrad (EA, FSPA, CPC), who brings 35+ years of enrolled-actuary experience — that produces illustrations and proposals with a typical two-week turnaround and is also offered on a white-label basis to other TPAs across the country.
EGPS operates as a professional services business, charging plan sponsors custom fees determined through a Request-a-Proposal intake that captures plan type, employee count, assets, contributions, and investment provider preferences, with multi-year contracts typical. Customer segments are plan sponsors (employers), financial advisors and wealth advisors, and other TPAs consuming white-label actuarial services. Following the May 2026 acquisition by Blue Ridge Associates — backed by Levine Leichtman Capital Partners — EGPS operates as a subsidiary brand under a combined organization of 650+ employees, 17,500 retirement plans, 1.2 million participants, and approximately $87 billion in assets under administration.
Economic Group Pension Services firmographics
Firmographics- Name
- Economic Group Pension Services
- Legal name
- Economic Group Pension Services
- Website
- https://egps.com
- Company type
- Private
- Founded year
- 1971
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Economic Group Pension Services is a US third-party administrator founded in 1971 that provides plan design, administration, actuarial consulting, 3(16) fiduciary services, and compliance consulting for employer-sponsored retirement plans, now operating as a Blue Ridge Associates subsidiary after the May 2026 acquisition.
- Ownership category
- akta.pro rank
Economic Group Pension Services industry classification
Industry- Product category
- Retirement Plan Administration
- NAICS
- Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)
- SIC
- Insurance Agents, Brokers & Service (6411), Services-Management Consulting Services (8742)
- akta.pro primary industry
- Compliance, Reporting & Regulatory Administration (ERISA/ACA/No Surprises) (HLAEALAJ)
Keywords
Where Economic Group Pension Services is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
Economic Group Pension Services business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Retirement Plan Third-Party Administration: EGPS charges plan sponsors fees for comprehensive TPA services including plan design, administration, actuarial consulting, 3(16) fiduciary services, and compliance consulting. Pricing is typically based on plan size, complexity, and number of participants, delivered through a B2B professional services model.
- White-Label Actuarial Consulting for TPAs: EGPS partners with other TPAs nationwide to provide white-label defined benefit and cash balance plan work, including proposals and illustrations, positioning the firm as a back-office actuarial resource for the broader TPA ecosystem.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom professional services pricing based on plan characteristics |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Economic Group Pension Services product offering
Product offeringCore offering
Economic Group Pension Services (EGPS) is a third-party administrator (TPA) providing retirement plan services for employer-sponsored plans. The firm delivers plan design, plan administration, actuarial consulting, 3(16) fiduciary services, and compliance consulting across all major qualified plan types including 401(k), 403(b), 457, defined benefit, cash balance, profit sharing, and ESOP plans. EGPS also partners with other TPAs nationwide to provide white-label actuarial work on defined benefit and cash balance plans.
Product overview
Economic Group Pension Services (EGPS) is a third-party administrator (TPA) providing comprehensive retirement plan services. The company operates a platform-plus-modules architecture offering core TPA services including Plan Design, Plan Administration, Actuarial Consulting, 3(16) Fiduciary Services, and Compliance Consulting Services. EGPS supports all major retirement plan types including 401(k), 403(b), 457, Defined Benefit, Cash Balance, Profit Sharing, and Nonqualified Plans. The company was founded in 1971, headquartered in New York, and was acquired by Blue Ridge Associates in May 2026, operating as a subsidiary under the Blue Ridge brand.
Differentiator
Problem solved
Functional benefit
Products and services
- Third-Party Administrator (TPA) Services for Retirement Plans Comprehensive third-party administration services for employer-sponsored retirement plans, integrating plan design, administration, actuarial consulting, 3(16) fiduciary services, and compliance consulting under one provider. Targeted at employers that sponsor retirement plans, financial advisors, and partner TPAs.
- Plan Design Services Individualized retirement plan design tailored to each organization's unique needs and goals, spanning 401(k), 403(b), 457, defined benefit, cash balance, profit sharing, and ESOP plan structures to maximize tax benefits and employee savings.
- Plan Administration
- Actuarial Consulting
- 3(16) Fiduciary Services
- Compliance Consulting Services
Quantifiable outcome
- Fast turnaround time: illustrations and deliverables typically provided within 2 weeks of receiving complete data from TPA partners
- +1 more outcomes
Companies that use Economic Group Pension Services
Customer profileSegments3 records
Ideal customer profiles3 records
Economic Group Pension Services technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Economic Group Pension Services partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Blue Ridge AssociatescoreBlue Ridge Associates acquired Economic Group Pension Services in May 2026. The acquisition brings EGPS's 260 team members, 7,200 retirement plans, and $17 billion in assets under administration into the Blue Ridge portfolio, creating a combined organization with over 650 employees, 17,500 plans, 1.2 million participants, and $87 billion in assets under administration. The deal was facilitated by Blue Ridge's private equity parent Levine Leichtman Capital Partners.
Scale indicators6 records
Recent moves5 records
Expansion highlights5 records
Economic Group Pension Services competitors and assessment
Company assessmentDirect peers
- Ascensus: One of the largest independent retirement and college savings TPAs in the US, serving defined contribution, defined benefit, and IRA programs. Highly comparable as a large-scale retirement plan administrator serving plan sponsors and advisors across similar plan types.
- Goldleaf Partners: Independent retirement plan TPA offering recordkeeping, administration, and consulting for small and mid-sized 401(k), 403(b), and defined benefit plans. Comparable target market, channel mix, and reliance on advisor partnerships.
- Blue Ridge Associates: EGPS's new parent company and a national provider of administration and compliance solutions for employer-sponsored equity compensation and savings benefit plans. Directly comparable given the May 2026 acquisition and overlapping retirement plan administration capabilities.
- Sentinel Benefits & Financial Group: Mid-sized independent provider of retirement plan administration, actuarial consulting, and plan design services. Closely comparable in scale, product mix (DC and DB), and reliance on advisor and TPA partner channels.
- OneAmerica: Provider of retirement plan recordkeeping, administration, and actuarial services for defined contribution and defined benefit plans, with similar in-house actuarial and compliance expertise supporting mid-market plan sponsors.
Broad incumbents
- Principal Financial Group: Large financial services firm offering recordkeeping, administration, and investment products for employer-sponsored retirement plans. Overlaps with EGPS across DC and DB plan administration, especially for mid-market and large plan sponsors.
- Empower Retirement: Major retirement plan recordkeeper and administrator serving millions of participants across DC, DB, and IRA plans. A broader incumbent that competes with EGPS on plan administration, compliance, and 3(16)/3(21) services, often as part of a bundled offering.
- ADP Retirement Services: Major provider of recordkeeping and administration for employer-sponsored retirement plans, typically distributed through ADP's payroll HR client base. Comparable as a scaled administrator with significant distribution leverage among SMB and mid-market employers.
- Fidelity Investments (Workplace Investing): Largest US retirement recordkeeper offering bundled administration, compliance, and investment services for 401(k), 403(b), and defined benefit plans. Represents the bundled-competitor pressure that EGPS competes against in mid-market plan sponsor RFPs.
Emerging players
- Ubiquity Retirement + Savings: Tech-enabled retirement plan administration platform focused on small and mid-market 401(k) plans. Comparable as a 3(16) fiduciary and administration provider competing for the same advisor-led, mid-market plan sponsor segment.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Economic Group Pension Services social profiles
Digital presenceEconomic Group Pension Services financial estimates
Financial estimateRevenue estimate
Valuation estimate
Economic Group Pension Services leadership team
Management profileNumber of profiles
Profiles1 record
Economic Group Pension Services funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Economic Group Pension Services M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Economic Group Pension Services
What does Economic Group Pension Services do?
Economic Group Pension Services (EGPS) is a third-party administrator (TPA) providing retirement plan services for employer-sponsored plans. The firm delivers plan design, plan administration, actuarial consulting, 3(16) fiduciary services, and compliance consulting across all major qualified plan types including 401(k), 403(b), 457, defined benefit, cash balance, profit sharing, and ESOP plans. EGPS also partners with other TPAs nationwide to provide white-label actuarial work on defined benefit and cash balance plans.
Is Economic Group Pension Services a public or private company?
Economic Group Pension Services is a private company. It is classified as corporate owned and is currently operating.
When was Economic Group Pension Services founded?
Economic Group Pension Services was founded in 1971. It employs 51 to 100 people.
Where is Economic Group Pension Services based?
Economic Group Pension Services is headquartered in New York, United States, in the North America region.
How does Economic Group Pension Services make money?
Two revenue lines are on record. Retirement Plan Third-Party Administration is the primary driver. The others are white-Label Actuarial Consulting for TPAs.
Who are Economic Group Pension Services's main competitors?
Direct peers on record are Ascensus, Goldleaf Partners, Blue Ridge Associates, Sentinel Benefits & Financial Group and OneAmerica. Broad incumbents are Principal Financial Group, Empower Retirement, ADP Retirement Services and Fidelity Investments (Workplace Investing). Ubiquity Retirement + Savings is listed as an emerging player.
Does Economic Group Pension Services have an API?
No public API is recorded for Economic Group Pension Services.
What industry is Economic Group Pension Services in?
Economic Group Pension Services's product category is Retirement Plan Administration. Its primary akta.pro industry code is HLAEALAJ, Compliance, Reporting & Regulatory Administration (ERISA/ACA/No Surprises). Its NAICS code is 524292 and its SIC code is 6411.