News & Updates

ATLANTA / BOSTON, January 30, 2012 – Swerdlin & Company, the seventh largest Atlanta-based actuarial and employee benefits firm, today announces Lee Swerdlin’s promotion to president and chief operating officer. Dorn Swerdlin will continue his active role as CEO of the company as his son, Lee, assumes this new position. Founded in 1980, Swerdlin & Company today has over 70 employees and focuses on total employee benefits consulting, including administration, recordkeeping, and actuarial services for retirement and health plans, as well as cafeteria plan administration. The firm represents more than 800 clients from all industries in 37 states, from major employers with thousands of employees to smaller, closely held companies.

“The formal appointment of Lee to president and COO is a natural continuation of our strategic plan for firm growth and the creation of opportunity for all of our employees. As a second generation family member, we are proud that he will serve as the firm’s head of day-to-day operations and we look forward to continued success under his leadership,” said CEO Dorn Swerdlin.

Lee Swerdlin joined Swerdlin & Company in 1998 as an entry-level benefits assistant, working closest with the 401(k) and ESOP administration teams. Over the years, he has become heavily involved in new business development as well as clients relations. In April 2011, he led the company’s acquisition of the Boston-based firm, Penret Services, Inc., and works in the Holliston, Mass. office on a regular basis. Swerdlin is a member of the Southern Employee Benefits Conference, the ESOP Association, and currently serves as President of the Atlanta Chapter of the American Society of Pension Professionals and Actuaries (ASPPA) for the 2012-2013 term.

“It is a great honor to assume daily responsibility for the company my parents built from the ground up starting more than 30 years ago. The most rewarding aspect of this new role will be charting our new course knowing that we have an incredible team of dynamic individuals who are excited about our future expansion,” said Lee Swerdlin.

ABOUT SWERDLIN & COMPANY

Swerdlin & Company, founded in 1980, is one of the largest independent and privately-owned actuarial and employee benefits consulting firms in the country. With over 70 employees including actuaries and retirement plan specialists, they administer defined benefit, defined contribution, and nonqualified retirement plan programs. In addition to retirement plan services, they offer Health and Welfare consulting as well as Cafeteria plan administration.

Independent of the plan assets, they can work with any investment advisor or broker. As a custom shop, they are known for handling complicated plan designs that may not be offered by other service providers. Swerdlin requires all employees to complete a designated amount of training, development, and continuing education each year. With more than 800 clients in 37 states, they work with companies ranging from the Fortune 500 to small, closely held companies.

In early 2011, Swerdlin & Company acquired Penret, a Third Party Recordkeeping (TPA) firm in Holliston, Mass., just outside Boston. With an office in the New England area, they are now able to service the Northeast with the same diligence that has made them one of the premier employee benefits consulting firms in the United States.

The firm can be located online at www.swerdlin.net.

As always we offer our newsletter in two editions. Click here to read our main edition, and our clients in the northeastern end of the U.S. can enjoy our special Penret newsletter.

Swerdlin was a sponsor for a Cystic Fibrosis Bike Ride fund raiser on Saturday, October 1 in Holliston, Massachusetts.  Several of our employees at our Penret office, along with their spouses and friends, were riders, and those that weren't riding were there to support them.  We even had a couple of clients come out for the event!

Dorn and Joanne Swerdlin flew up to Boston for the event, and although they didn't ride, they were there to volunteer on the sidelines.

 

You can read the latest issue of our newsletter here.

As a special treat for the clients of our northeastern branch, we also published an alternate issue of this quarter's newletter as the "Penret Quarterly." I'm sure you'd love to see it too!