Ascensus Purchases All Equity of QBI

Ascensus, LLC, the nation’s largest independent retirement and college savings service provider, purchased all of the equity of QBI, LLC, a limited liability company in the business of providing plan design and implementation, consulting, loans and distributions, compliance including testing and reporting, IRS and DOL audit support, plan termination services, and fiduciary services under Section 3(16) of ERISA, in addition to actuarial, valuation and calculation services. Our firm represented Ascensus in the transaction.