Lincoln Trust has acquired retirement plan service firm Fringe Benefit Administrators in a bid to expand its range of services to small retirement plans, including 403(b), 457(f) and defined benefit plans, the company announced this week.

Denver-based Lincoln Trust did not disclose the exact terms of the stock deal, which has already closed. Financial advisors who work with Fringe Benefit Administrators, based in Metairie, La., will gain access to tools and services that have built up Lincoln Trust, such as plan modeling and detailed plan information, Tom Gonnella, senior vice president of corporate development for Lincoln Trust said in a telephone interview. In July, Lincoln Trust introduced its personalized expense ratio. 

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