Summit Professional Networks, the parent of BenefitsPro.com, acquired Pension Data Resources Inc., known best in the industry by its PensionPlanet.com brand.
There were about 500,000 active 401(k) plans in Q4 2013, with a collective $3.5 trillion in total assets. Nearly three-quarters, or $2.54 trillion, was controlled by the top 1% (5,000 companies).