New York State Auto Dealers Association Selects NADART for Retirement Plan
McLEAN, Va. (Dec. 19, 2013) - The New York State Automobile Dealers Association is the seventh dealer group this year to choose NADART as a preferred partner to provide customized retirement plans to its member dealers and dealership employees.
"NADART offers dealers and their employees many exceptional services as part of its 401(k) retirement plan," said NYSADA President Robert Vancavage. "That's why NADART was approved by our executive committee as an affiliate benefits provider for our membership."
NADART, the retirement plan and benefits division of the National Automobile Dealers Association, will work with NYSADA to deliver a selection of investment and employee benefit options specifically targeted toward dealer businesses.
"We are delighted to include the NYSADA among our strategic partners and look forward to educating and providing our unique bundle of retirement services to dealers in that great state," said Betsy Piper/Bach, NADART vice president and chief operating officer.
This year alone, state dealer associations in Louisiana, North Carolina, Oregon, Pennsylvania, California and Ohio have selected NADART.
NADART is a financial services and benefits provider with administered and managed assets of nearly $3 billion. Headquartered in McLean, Va., NADART offers fiduciary support and guidance, customized plan design options for business owners, insurance and employee benefit options, transitional products that assist with workforce changes and executive plan offerings that help attract and retain top talent. NADART supports more than 2,000 plans with nearly 90,000 participants.
NADART is committed to providing exceptional value to retirement plan sponsors and participants through a combination of administrative experience, multi-faceted support and a winning team of service professionals devoted to helping clients achieve financial success. For more information, visit www.nadart.org.
About the New York State Automobile Dealers Association
Founded in 1923 as the Empire State Automobile Merchants Association and renamed in 1943, the New York State Automobile Dealers Association actively represents about 1,000 franchised new-car and -truck dealers in the state of New York. The association is dedicated to providing the highest quality service in the areas of education, insurance, legislative and regulatory matters for dealers. NYSADA, the statewide advocate for franchised dealers, is committed to promoting and maintaining a competitive automotive industry for its members across the Empire State. For more information, visit www.nysada.com.