Benchmark Retirement Plan Services, Inc.
401(k)
Cash Balance
403(b)
457(b)
457(f)
Profit Sharing
Third Party Administration services tailored for small business retirement plans.
SETTING THE STANDARD
Service. Expertise. Cost-Effective Solutions.
What's a TPA?
TPA = Third Party Administrator
Employer-sponsored retirement plans are governed by extensive rules and regulations set forth by the IRS and Department of Labor. A TPA is hired by a company to perform many mundane administrative processes and to ensure the retirement plan is compliant with these rules and regulations. TPA duties include preparing and amending plan documents, calculating employer contributions, performing annual compliance tests, determining participant vesting, reviewing participant distributions, preparing required annual Federal filings, assisting with plan audits, and much, much more.
Why do you
need one?
Several banks, payroll providers, insurance and mutual fund companies provide retirement plan services as a byproduct of their core business. The core business for a TPA is retirement plan design and administration. There are numerous plans available to businesses such as 401(k), Profit Sharing, Defined Benefit, Cash Balance, 403(b), 457(b), and 457(f). Within each type of plan there are countless plan design options available. A TPA can provide the consultation necessary to not only determine the right type of plan, but to also provide the proper design which meets the needs of the business and its employees.
Why Benchmark Retirement?
We have invested heavily in technology to ensure the most secure and efficient systems available in the industry. The proprietary systems we have developed reduce our costs, allowing us to provide our services to your company at rates below industry average. Our expansive knowledge of the regulations governing retirement plans minimizes the time and resources your company must dedicate, making Benchmark Retirement a cost-effective solution to your retirement plan needs. Our staff is also highly skilled in client relations. We are a team of retirement plan experts dedicated to exceeding your service expectations!
ABOUT US
Benchmark Retirement Plan Services, Inc. is an independent Third Party Administrator (TPA) run by experts with more than 80 combined years of retirement plan consulting experience. We are a team of accredited professionals who partner with financial advisors and recordkeepers to assist our clients in addressing the complex issues and opportunities with retirement plan design and administration.
As an independent TPA we are not bound to any specific investment platform. This allows for complete objectivity when advising clients on their retirement plan solutions.
CONTACT US
e-mail us
general info:
new sales:
plan documents:
billing info:
call us
(833) 765-401K (4015)
fax us
(833) 766-401K (4015)