Prime Pensions, an independent provider of retirement plan records and services, said founder Scott Feit will continue as CEO and retain a significant ownership stake.
“Our partnership with Mill Point provides meaningful resources to drive both future growth and expansion of our client base,” Feit said in a prepared statement. “This partnership demonstrates our commitment to providing exemplary service to our customers.”
Prime Pensions, which mostly operates in the Northeast U.S., provides third-party retirement plan compliance and administrative services to small and medium-sized businesses. Mill Point is based in New York City.