OneAmerica Financial Partners has agreed to acquire Indianapolis-based McCready and Keene, an independent actuarial and consulting firm specializing in the design and administration of retirement plans. The transaction is scheduled to close on July 1. Terms of the transaction were not disclosed.

Founded in 1933, McCready and Keene manages more than 800 retirement plans representing 500,000 participants and $19 billion of assets under administration. “Adding McCready and Keene to the OneAmerica family of companies is a strategic move that supports our aggressive growth strategy,” said Dayton Molendorp, OneAmerica chairman, president and CEO. “Their trust solution and other offerings will complement and expand AUL’s already strong retirement program. In addition, our national presence and distribution structure will help deliver McCready and Keene’s products to new markets around the country.”

“With the additional platforms and capabilities provided by McCready and Keene, we’ll be positioned to extend our reach further into the medium-to-large markets that often look for the combination of products we can now offer,” added Bill Yoerger, senior vice president of AUL retirement services. Currently the company makes its presence in the 401(k) and 403(b) marketplace, focused on plans with minimum assets of $500,000 and above.