Our goal at Blue Ridge is to be the market leader in ESOP and 401(k) third party administration and recordkeeping industry so we can help more people enjoy a meaningful retirement.
Our journey started in 1988 when Blue Ridge ESOP Associates was established to provide independent administration and recordkeeping services specifically for Employee Stock Ownership Plans (ESOPs). We developed innovative tools like ESOPConnection™, the first comprehensive online platform for ESOP management. We also acquired the ESOP division at Crowe to expand our ESOP portfolio.
As we continued to grow, we strategically expanded our retirement and benefits administration expertise through a series of acquisitions. We acquired Coastal Pension Services, a key player in 401(k) retirement administration services in the mid-Atlantic region; California Benefit Planners, a leader in defined benefit and cash balance plans on the West Coast; and TSC 401K, one of the longest standing and leading retirement plan consulting firms in the Midwest. We later welcomed Qualified Retirement Plan Services, strengthening our presence in the Southeast region.
Most recently, Blue Ridge expanded our ESOP administration practice through the acquisition of AmbroseAdvisors’ ESOP TPA services business and further enhanced our retirement plan administration capabilities with the acquisition of Economic Group Pension Services (EGPS), broadening our expertise and national footprint.
Today, these businesses form Blue Ridge Associates, a national provider of administration solutions for employer-sponsored, tax-advantage equity compensation and savings benefit plans. Our highly skilled team members provide a full suite of technology-enabled compliance services. Our integrated, best-of-breed delivery model and established network of strategic distribution partners make it easy for employers to provide wealth-building benefits to employees.
We continue to grow new capabilities, expertise and services to better serve our clients, both organically and through strategic acquisitions.
