Altigro Pension Services Makes TPA Acquisition Bookmark

FAIRFIELD, NJ, January 19, 2009 -- Altigro Pension Services, Inc. of Fairfield today announced it has acquired the third-party pension administration services of Hilb Rogal & Hobbs (HRH) of Cranford. As part of the acquisition, Bernard McCauley will be joining Altigro as a senior pension administrator to better serve and expand Altigro's base of pension clients. He will be working closely with Vita Amadeo of HRH on the client files that are transferred to Altigro.

McCauley, who has 20 years of experience in pension administration, said he is eager to join Altigro, which has an industry-wide reputation for its unparalleled level of retirement plan advisory and administration services. Altigro, with more than 500 clients, is a family-owned business that has been providing pension services for 35 years.

"This is the right fit for me; Altigro has been a leader in the market for years and serves a strong base in New Jersey," said McCauley, of the Colonia section of Woodbridge. "Whether clients are dealing with 401k issues or challenges associated with new legislation, Altigro has always been the industry expert in this area. So it is great to now be a part of it."

McCauley provided pension administration services at HRH for 10 years. Prior to that, he worked at Equitable Capital for five years. McCauley has a degree from the College of New Jersey in Ewing. Steven Greenbaum, president of Altigro Pension Services, said McCauley brings a level of experience and commitment to client service that will make him a strong asset.

"Bernie recognizes that designing a smart and easy-to-understand pension plan is one of the most important things that we do," he said. "Bernie will help us craft plans that create efficiencies, avoid fiduciary pitfalls and enhance employee retention for our clients. We are extremely pleased to have Bernie as part of the Altigro team."

In his role with Altigro, McCauley will provide a range of services, including plan design, consultation with plan sponsors, coordination of enrollment meetings and development of annual valuation reports, "signature-ready" Form 5500 and related schedules and plan documents.

About Altigro Pension Services

Altigro continues to administer new plan types and services to expand its third-party pension services. To learn more, please contact Greenbaum at 973-439-0200.

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