Third Party Administration

As third party administrator (TPA), our experienced team of consultants and administrators will work closely with the employer in the design, implementation, and ongoing administration of its retirement plan.

The experience and expertise of our staff ensure that plans are administered in a consistent and timely manner and that the plan’s design remains appropriate to the employer’s needs.

The TPA services provided by TRPC include, but are not limited to, the following:

  • Customized plan design and installation
  • Preparation of plan documents and ongoing legislative/regulatory updates
  • Preparation of required employee notifications and disclosures
  • Calculation of employer contributions
  • Testing to demonstrate satisfaction with IRS Nondiscrimination and Coverage requirements and annual contribution limitations
  • Year-end Trust reconciliation and account activity reporting
  • Preparation of Form 5500 Annual Return/Report
  • Processing of participant distributions and participant loans

In addition to offering our daily valuation recordkeeping platform, we maintain strategic alliances with many other recordkeeping platform providers. Whether plan assets are held on TRPC’s recordkeeping platform or with another investment provider, we can provide a full suite of plan design, installation, administration, and consulting services.