Meet Our Team
Founder / Owner
Informative, Honest, Sincere, Efficient are four business principles that Derrick Skogsberg believes in and expects his team at Tenet Financial Group to provide to clients who are looking to use retirement funds to invest in a business.
Derrick has been in the 401(k) rollover business since 2003 as an owner and founder of a Third Party Administration (TPA) company called FranFund. The first 401(k) plan he established was his own (10 years ago) and he used his own retirement to fund that business. He sold his portion of the business to his partners in 2008 and started Tenet Financial Group three months later, again using retirement dollars.
As the leader of Tenet Financial Group, Derrick has gathered a team of professionals with over 75 years of experience in the financial funding/franchise industry to serve you as you explore using retirement funds to invest in your business.
When it comes to this business, quality is so much more important than quantity, which is the reason why Derrick has no interest in being the biggest Third Party Administration Company, “I will not take shortcuts that will put our clients or their company at risk.”
I have put together an experienced team of professionals and I am proud to have them as employees at Tenet Financial Group. They can, and will, educate you on the rollover program as well as other funding options. To speak with a Senior Consultant, call (888) 901-3335.
Vice President of Plan Administration
Dan Sitzmann graduated from Westmar College in 1986 with a degree in Business, Finance and Economics, after a short venture in the insurance industry it led him to working for RL Billings & Co, a Third Party Administration (TPA) company for 22 years. He worked his first 10 years as an employee and the last 12 years as a partner/co-owner of the business.
In April 2009, he sold his ownership and a few months later, he joined Tenet Financial Group as Vice President of Plan Administration.
Today, Dan’s administration team, Ann Lee, Jen Preston, and Erin Kimbell, has 45 of years of combined experience in the TPA industry. Dan is a certified Retirement Plan Associate (RPA) and each member of his team is a certified Qualified 401(k) Administrator (QKA)
For Dan, each year is like putting together a puzzle, “all 401(k) plans are different, the rules and regulations from the IRS are the same, and each plan has its own unique set of demographics that have to fit together like a puzzle.”
Tenet Financial Group can help you use your retirement funds to secure funding for your business, but more importantly, when you need a TPA to service your plan and keep you in compliance, your team of in-house professionals at Tenet Financial Group will be there to serve you every step of the way.
To inquire more about using your retirement dollars to fund a business, call a Tenet Financial Group Senior Consultant at (888) 901-3335 or complete the form below for someone to contact you.
Diane has been working in the pension industry/consulting/customer service areas for over 25 years. Currently assisting clients, lenders, brokers, and franchisors across the country find the best funding options for their business(es). One of the ways Diane has helped a majority of her clients, a specialty of Tenet Financial Group, is working with clients that have retirement funds. Diane helps educate her clients on the process of accessing those funds for a business.
Her experience at MassMutual Life Insurance in the Pension area provided an excellent foundation for her knowledge of 401(k) and Profit Sharing Plans. Diane worked in the Sensitive Plan Unit at MassMutual, handling administration, training, compliance, and customer service.
Other positions Diane has held over the years include Senior Account Executive at CIGNA and Senior Project Manager for Robinson Consulting, a firm specializing in project management and customized software development in the healthcare industry.
Diane is a Senior Consultant and has been with Tenet Financial Group since 2009. She resides in Massachusetts with her husband and they have two grown children. Year-round Diane plays tennis on a couple of USTA tennis teams.
Direct: (413) 754-3298
Kelly joined Tenet Financial Group as a Senior Consultant in 2011. Her prior experience as a Financial Service Professional, coupled with 20+ years of Marketing, Public Relations, and Customer Service experience, is what gives Kelly a well-rounded, empathetic approach to assisting her clients.
“The promise of business ownership is both exhilarating and intimidating. In order for that dream to become a reality, the client must be able to obtain funding. It’s my job to help the client understand all of their financing options and present them in a simplified manner. Once the client understands his or her options, then an informed decision on how best to move forward can be made. It’s really all about taking time with the client to guide them through all of the information.”
Prior to her joining Tenet Financial Group, Kelly was a Financial Services Professional with Prudential where she worked with individuals and business owners to evaluate their circumstances and help them develop sound strategies towards financial security. Kelly earned the following Securities Licenses: Series 6, Series 63 as well as her Life & Health Insurance Licenses. She also worked as a Pharmaceutical Sales Professional for near 14 years for both Schering-Plough and Sanofi-Aventis.
Direct: (810) 584-7255
Zack has spent over 13 years working in the financial services industry providing in depth investment guidance and analysis to a large variety of clients. His ability to explain complex subjects on a variety of different levels has distinguished him from the competition. Zack’s previous experience includes advisory roles with companies such as Fisher Investments, ING Investment Management, and Charles Schwab. Zack is a CFA Charterholder having earned his CFA (Certified Financial Analyst) accreditation from the CFA Institute.
Zack’s experience lends itself well to Tenet Financial Group’s core business approach of helping business owners and prospective owners obtain funding through a consultative approach. The fundamentals of this approach include listening, understanding, educating and guiding clients through the funding process. “I find it incredibly fulfilling to help people achieve the goal of owning their own business.”
Zack joined Tenet Financial Group in 2018 as a Senior Consultant. He, his wife, and their three children travel around the United States in their 5th wheel RV. Besides traveling with his family, Zack also has a passion for playing and listening to music.
Direct: (480) 904-9234
Barbara is intimately familiar with business development, franchising and applicable funding options having worked as a Franchise Development Manager with a major brand for 14 years prior to joining Tenet Financial Group in 2018. As a Product Specialist in the area of SBA Express Loans, she is focused on providing guidance to clients and helping them apply for and obtain working capital funding for their business or franchise. Barbara works closely with the Senior Consultant team and their clients in an administrative support role for all types of funding as well. She is native of Pennsylvania who now lives in Florida, and has four grown children and seven grandchildren. Barbara’s favorite quote has both personal and professional significance in her life: “Have the courage to follow your heart and intuition. They somehow know what you truly want to become.”
Direct: (561) 454-9527
401(k) Plan Administrator
Ann Lee has been working in the financial industry since 1999 and joined Tenet Financial Group in 2011. A native of Sloan, Iowa, she attended the University of South Dakota, where she earned her bachelors degree in business management with a specialization in finance. At Tenet, Ann’s responsibilities include administration of hundreds of plans consisting of customer service, asset reconciliation, annual non-discrimination and compliance testing, preparation of IRS Form 5500, 401k distributions, 1099 reporting and plan terminations.
Ann was certified by the American Society of Pension Professionals & Actuaries (ASPPA) as a Qualified 401(k) Administrator (QKA) in 2010.
Ann is active in her community and serves on the board of education at Skein Lutheran Church. She and her husband, Adam, have three children, Noah and twins Chase and Addison. She loves playing golf, going to concerts, reading and spending time with family and friends.
401(k) Plan Administrator
Erin Kimbell joined Tenet Financial Group in 2012 after previously working in pension plan administration and account management roles. At Tenet, Erin’s responsibilities include administration, record-keeping, compliance testing, filling and maintenance of 401(k) plans for clients all over the United States and in various business/professional industries.
Erin was certified by the American Society of Pension Professionals & Actuaries (ASPPA) as a Qualified 401(k) Administrator (QKA) in 2010.
She enjoys working with clients who are making their dreams of business ownership come true. One of her favorite inspirational quotes is attributed to the famous Walt Disney, “All our dreams can come true if we have the courage to pursue them.”
Erin earned her bachelors of arts from Briar Cliff University in Sioux City, Iowa, and has been a member of the Sioux City Growth Organization and Chamber of Commerce. She loves leading an active lifestyle, including running, lifting weights and playing softball and volleyball. Erin and her husband, Craig, have three children, Coryn and twins Samantha and Jamison.
401(k) Plan Administrator
A member of the Tenet team since 2011, Jen has worked in the industry of 401(k) plan administration since 2004. Handling everything from transactions like participant loans, distributions and vesting to eligibility and detailed reporting, she personally handles the administration and compliance of hundreds of Rollover as a Business Start Up (ROBS) 401(k) plans for Tenet Financial Group clients.
Jen received her bachelors of finance from Iowa State University, including distinction on the College of Business Deans List, and her associates degree in arts and sciences at Western Iowa Tech Community College, where she was also a member Phi Theta Kappa International Honor Society.
Jen was certified by the American Society of Pension Professionals & Actuaries (ASPPA) as a Qualified 401(k) Administrator (QKA) in 2010.
She is very active in her community, including serving as a local youth soccer and softball coach in Sioux City, Iowa, and treasurer of the Nodland/Sunnyside Elementary School Parent/Teacher Association. Jen and her husband, Adam, host and sponsor a local coed softball tournament every year, the Prestonstock. Since 2014, Prestonstock has raised over $5300 for a local family in need. They have two children, Kade and Kole, and two dogs, Champ and Diesel.
Client Service Representative
A member of the Tenet team since 2013, Lindsey works directly on plan documents, including opening accounts and processing ROBS/401(k) documents, as well as processing state and IRS documentation for Tenet Financial Group clients. With a background in both human resources and administrative duties, Lindsey plays a critical role in client onboarding and initial set-up.
A native of Dakota City, Nebraska, now living outside Tulsa, Oklahoma, she received her associates degree in liberal arts from Tulsa Community College and is active in the Parent-Teacher Organization and Basketball Booster Club at her children’s school. Lindsey and her husband, Greg, have three sons, Blake, Tye and Noah.