Arthur J. Gallagher & Co. acquired The Eriksen Group Inc., in Birmingham, Mich.
Terms of the deal were not disclosed.
The Eriksen Group is a retirement consulting firm that provides ongoing and project-based retirement consulting services to clients throughout the Central United States. Consulting services include plan design, fiduciary governance, plan benchmarking, investment policy statement development, fee benchmarking, provider selection and management, and investment monitoring. The firm’s clients include corporate and public defined contribution 401(k) plans and pension plans as well as endowments and foundations.
Richard K. Eriksen and his associates will continue to operate from their current location under the direction of William Ziebell, north central regional executive vice president of Gallagher’s employee benefit consulting and insurance brokerage operations.
Itasca, Ill.-based Arthur J. Gallagher & Co. has operations in 18 countries.