McCamish Systems L.L.C. is acquiring an arm of Magner Network L.L.C. that provides support services for non-qualified retirement plans.[@@]
Companies sponsor the plans, which do not qualify for all of the tax breaks available to plans for ordinary employees, to help top executives and other high-paid employees increase retirement savings.
McCamish, Atlanta, sells a wide range of financial services software and support services.
Magner’s retirement services division designs non-qualified plans and handles financial forecasting for the plans. It also has developed the Deferral Plus Plus and AdvisorFolio systems for generating non-qualified plan documents.