First Actuarial Corporation Expands National Footprint with Strategic Acquisition, Doubling TPA Operations

First Actuarial Corporation (FAC), a member of the RMC Group family of companies, today announced the acquisition of the assets of a St. Louis-based third-party administrator (TPA), marking a major milestone in the firm’s continued growth strategy. The transaction is effective immediately.

The acquisition doubles the size of FAC’s TPA operations and significantly enhances its capacity to support new business opportunities across the country. This expansion strengthens FAC’s ability to deliver scalable, high-quality administrative solutions while creating greater operational efficiencies and economies of scale.

Over the past several years, FAC has experienced strong organic growth driven by increasing demand for innovative retirement plan administration and actuarial services. This acquisition builds on that momentum, positioning the firm as a leading and rapidly growing force within the TPA space.

“This is a pivotal moment for our organization,” said Ray Ankner, President and CEO of RMC Group. “We have seen tremendous growth in recent years, and this acquisition accelerates that trajectory in a meaningful way. By expanding our scale and capabilities, we are better positioned than ever to support advisors, employers, and partners with the expertise and service they expect—while continuing to pursue new opportunities for growth nationwide.”

First Actuarial Corporation brings decades of experience delivering high-quality administrative services and client-focused solutions to retirement plan sponsors and advisors. With this expanded platform, FAC is well-equipped to meet increasing market demand while maintaining its commitment to responsiveness, accuracy, and long-term client success.

This acquisition reflects RMC Group’s broader strategy of investing in growth, strengthening its portfolio of services, and building a scalable infrastructure to support clients and partners in an evolving benefits landscape.