A trusted Third-Party Administrator (TPA) can help your company sponsor and administer a retirement plan with fiduciary services that add value for your entire organization, leaving the complexity, compliance and personalization to us at Retirement Planning Consulting Group.
We offer a wide variety of plan types to help you succeed, including:
When you're deciding what type of TPA to work with, it's important to make sure that the TPA has the planning experience to understand your goals for the plan, which involves such factors, but not limited to:
- The financial size of your business
- The number of employees
- The age of the owners and key employees
- Who your business wants to benefit with the plan
Having strong communication between the employer and plan administrator is vital in order to make sure that that the right retirement plan is adopted and has been customized to satisfy your business, investment and retirement goals. RPCG provides an ongoing communication channel with all of our clients to ensure we are equipped with real time knowledge and business needs that may impact the plan and its participants.
Experience and services offered
Not all TPA companies have the same experience or offer the same services. RPCG is a full service TPA firm with clients in various industries and sizes. RPCG is experienced and equipped to handle all aspects of retirement plan administration. RPCG handles all compliance functions required by the IRS and Department of Labor (DOL) in addition to, plan customization/design, plan installation, plan documents/amendments, plan enrollment, day to day plan administration, compliance testing, plan distributions, governmental reporting/auditing and actuarial services, if applicable.
Working with a TPA company that is solely focused on plan-administration
services can be beneficial for many business owners due to the many complex rules involved in the establishment, operation and administration of employer sponsored retirement plans. Using a TPA service from a company that focuses on other primary business services, such as payroll or financial advisory, may cost employers more and may not be the best option for an employer that requires full service plan administration. RPCG solely focuses on third party administration of retirement plans of any size. We pride ourselves on being a local independent small business that builds long lasting, strong relationships with all of our clients and being readily accessible to their employees.