You’ve established or are thinking of establishing a 401(k) for your business, now what?
One of the first questions that arises after deciding to implement a retirement plan is: “Who will take care of the plan’s administration requirements?” Employers will appoint a third-party entity, better known as a third-party administrator (TPA) to perform the duties associated with the plan administration. By appointing a TPA, the employer can outsource the plan administration functions to a qualified third-party who is experienced and equipped to meet all regulatory and administrative tasks required. As third-party administrator (TPA), RPCG will work closely with the employer in the design, implementation, and ongoing administration of its retirement plan. Our team of consultants and administrators averages over 15 years of industry experience, and many are accredited by the American Society of Pension Professionals and Actuaries (ASPPA). The experience and expertise of our professional staff ensures that our clients’ retirement plans are serviced in a consistent and timely manner, and that the plan’s design remains appropriate to the employer’s changing needs.
Is there an ASPPA member on your retirement planning team? Because the management of a company retirement plan involves a myriad of disciplines, it is important that your retirement planning team have knowledge of ERISA laws and IRS and DOL regulations. ASPPA-credentialed professionals are committed to providing optimal solutions that avoid unnecessary risks in this highly-regulated industry. When your retirement team includes ASPPA-credentialed experts, you also receive the benefits and the commitment of ASPPA. ASPPA is a nationally recognized authority on our nation’s employer-sponsored retirement plan system, and is the only organization comprised exclusively of retirement plan professionals that actively advocate for legislative and regulatory changes to expand and improve the private pension system. ASPPA’s elite membership has grown to over 11,000 retirement plan professionals who have chosen to be among the most dedicated in the profession, and who take on retirement plan work as a career.