BATON ROUGE, La. -

This week, the Louisiana Automobile Dealers Association selected NADART as its preferred retirement plan administrator.

Officials explained NADART — the retirement plan and benefits division of the National Automobile Dealers Association — and LADA will work together to deliver a selection of investment and employee benefits options specifically targeted to dealer businesses and their employees.

“NADART has been my retirement plan provider for many years,” said Bob Israel, LADA president and chairman of the Automotive Trade Association Executives. “Their steady management practices have set the stage for many in our industry to enjoy a solid retirement.

“Each vendor is carefully selected and final approval is made at the executive level,” added Israel, who was recently elected to the NADART board of directors. “Being a preferred partner is a privilege that NADART does not take lightly.”

Louisiana is the third state dealer association this year to select NADART following North Carolina and Oregon.

“NADART is delighted to serve another state dealer association and its members,” said Betsy Piper Bach, NADART vice president and chief operating officer. “NADART is a leader in providing benefits with more than 55 years of experience in serving dealers.”

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