PEORIA, Ill., March 4, 2013 /PRNewswire/ -- Alliance Benefit Group (ABG), one of the nation's largest retirement plan providers serving small- and mid-sized companies, has added Spectrum Pension Consultants, Inc. (Spectrum) to its national network. Spectrum, incorporated in 1978, is one of the Pacific Northwest's largest independent providers of qualified and non-qualified retirement and deferred compensation plans. The firm's 401(k) platform is 100% open architecture, providing for complete investment flexibility, without proprietary fund requirements. Spectrum has serviced over 2,500 clients since inception and has become the 14 th licensee to become affiliated with ABG.
"We are delighted to welcome Spectrum to the ABG national network," said John G. Hopkins, IV, Executive Director of Alliance Benefit Group. "Spectrum's 401(k) product suite and highly-regarded service engagement model is an ideal complement to our existing licensees. We believe that Spectrum will be a terrific partner to service the vibrant Pacific Northwest market."
"We are pleased to become an ABG licensee and join the national network of independently-owned firms," stated Petros P. Koumantaros, QPFC, Principal, Chairman, and CEO of Spectrum. "As a licensee, Spectrum can enjoy the benefits derived from the scale and scope of a national organization, while maintaining our firm's regional presence and close client interaction. Our affiliation with ABG will further our efforts in serving our growing client base."
About Alliance Benefit Group, LLCAlliance Benefit Group, LLC is a national network of independently owned retirement plan consulting; investment advisory; health and welfare consulting; and benefits administration firms that operate as "Licensees" of Alliance Benefit Group, LLC. Collectively, Alliance Benefit Group is one of the largest retirement plan administrators in the country; providing administration services to over 13,700 plans representing more than $51 billion in assets and over one million participants. For more information, please visit www.abgnational.com.About Spectrum Pension Consultants, Inc.Spectrum is a leading service provider to employers sponsoring various retirement, deferred compensation and other employee benefit programs in the western United States. Spectrum's services are tailored to the specific needs of each individual client and include: consulting and advice; plan management and administration; and employee communication and education services. Additional information about Spectrum is available at the company's web site: www.spectrumpension.com. SOURCE Alliance Benefit Group, LLC