March 12, 2009 at 08:00 PM
The National Independent Auto Dealers Association has picked NADA Retirement Administrators Inc. to be the preferred retirement plan provider for NIADA members.
NIADA, Arlington, Texas, represents about 20,000 independent automobile dealers throughout the country.
NADA Retirement is a subsidiary of the National Automobile Dealers Association, McLean, Va., a group that represents about 19,700 new car and truck dealers.
NADA Retirement manages about $2 billion in plan assets for 100,000 plan participants, the organization estimates.
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