Jeanne Schanzenbach and Benefit Consulting Associates, Inc., Join Papalia Retirement Plan Services

DANVILLE, Pa.—Aug. 30, 2005—Papalia Retirement Plan Services, Inc., a division of Papalia Financial Services headquartered in Danville, Pa., has acquired the assets of Benefits Consulting Associates, Inc. of Phoenixville, Pa.

Papalia Retirement Plan Services is a full-service retirement plan administration firm, specializing in pension plan consulting for small- to medium-size business owners. In addition, Papalia Retirement offers a full-service investment advisory platform to all plan participants through its affiliate Papalia Asset Management, a Registered Investment Advisor established under the Investment Advisors Act of 1940.

Prior to its joining with Papalia Retirement, Benefit Consulting Associates, Inc., owned and operated by Jeanne T. Schanzenbach, was also a full-service retirement plan administration firm. The new Phoenixville office is located at 1288 Valley Forge Rd., Suite 91.

"Our alliance with Benefit Consulting Associates expands the expertise and service that we provide to our Papalia Retirement clients in the retirement plan segment of our business," remarked Mark Papalia, president and founder of Papalia Retirement Plan Services. "The addition of Jeanne Schanzenbach as director of retirement plan services ensures that our clients will continue to receive professional, service-oriented value to the administration and consulting of their retirement plan."

Schanzenbach has more than 18 years of experience working with plan sponsors in the design and administration of qualified retirement plans. A member of the American Society of Pension Professionals and Actuaries (ASPPA), she has attained the designations of Certified Pension Consultant (CPC) and Qualified Pension Administrator (QPA) and teaches a preparatory course for ASPPA’s DC-1 exam candidates. Schanzenbach holds a bachelor’s degree in mathematics from Drexel University.

"The combined energies of our two firms will create an opportunity to provide the highest level of service available in the industry to our clients," remarked Schanzenbach on the alliance.

Founded in 1994, Papalia Financial is an advisory firm specializing in the growth, protection and transfer of its clients’ net worth. To learn more about Papalia Financial, call 1-800-626-1027 or visit www.papaliafinancial.com.