Founded December 19, 1980
Retirement plan administration services at CecilCo began in the 1980 when Robert Cecil opened the independent retirement plan consulting firm in Dallas, TX after a successful career with a large insurance company.
Following the passage of the ground breaking legislation now well known as ERISA, many major institutions moved away from providing retirement plan services to the smaller company market.
Focusing on the special needs of these smaller, closely held firms, CecilCo provided a total turn-key plan service package especially appreciated by those companies with limited resources.
Our organization has grown substantially over the last 35+ years, allowing us to provide state-of-the-art benefit services to a wide range of companies who employ as few as 10 employees up to several thousand.
This growth led to the company being honored with the Dallas 100 Award for being one of the 100 fastest growing companies in the Dallas area.
In the early 1990’s, CecilCo was one of the first 401(k) vendors to offer a “Best of Class” fund platform to small to middle size employers.
Later, offering a Professional Managed Account for Participants feature was years ahead of other plan platforms as well as a pre-cursor to the current Department of Labor fiduciary safe harbors.
Interesting Market Information from December 19, 1980
Dow Jones Industrial Average - 930.20
Gold Price $569.50