Economic Group Pension Services
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Economic Group Pension Services - overview
Established
1971
Location
New York, NY, US
Primary Industry
Financial Services
About
Economic Group Pension Services provides expert third-party administration for retirement plans, offering tailored solutions to simplify plan management and ensure compliance with regulations across the United States. Economic Group Pension Services (EGPS) operates primarily as a third-party administrator for retirement plans since its founding in 1971 in New York, US. The firm has remained focused on providing specialized services to help organizations effectively manage employee retirement benefits. EGPS has completed one deal, with the most recent deal dated May 7, 2026, indicating its active engagement in the market.
Economic Group Pension Services (EGPS) specializes in the administration of retirement plans, offering a comprehensive suite of services including plan design, administration, actuarial consulting, compliance consulting, and 3(16) fiduciary services. The company effectively addresses the complexities of retirement plan management, catering predominantly to a diverse client base throughout the United States, particularly in the Midwest and Southeast regions. EGPS's revenue is generated through various service agreements characterized by consulting fees, administrative fees, and compliance-related services. These agreements outline the services required, which may encompass ongoing management of retirement plans and compliance consulting.
The revenue structure includes fixed and variable pricing components based on the complexity and size of the retirement plans managed, contributing to a stable revenue stream. In May 2026, Economic Group Pension Services was acquired by Blue Ridge ESOP Associates, Inc. , a strategic move aimed at scaling its business and expanding retirement plan administration capabilities. The acquisition is expected to enhance EGPS's service offerings and geographical reach, allowing it to better serve a national client base.
Current Investors
Blue Ridge ESOP Associates, Inc.
Primary Industry
Financial Services
Sub Industries
Consulting Services, Investment Banking
Website
www.egps.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Economic Group Pension Services - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Economic Group Pension Services | - |
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