John Hancock has declared October 16, 2018 the fourth annual National TPA Day as a way to acknowledge what TPAs do to make 401(k) plans work the way they should. We love helping our clients understand and implement retirement plans designed to meet their goals. As a...
Why an Unbundled TPA is Better for a Defined Contribution Plan
Having one provider might seem like an effective and cost-saving solution, but having an unbundled TPA is better for several reasons.
2017 Census Request: What Do I Report To My TPA?
The 2017 Census Request provides critical information your TPA needs to calculate contributions and complete the valuation report for the retirement plan.
Census Request & The Data Requested
It’s important to understand the census request and the data requested from your TPA to avoid inaccurate tests and potential penalties.
Have You Reviewed Your Fidelity Bond Coverage? Should You?
A Third Party Administrator (TPA) must collect plan information from Plan Sponsors each year in order to complete the valuation and required filings. Providing accurate information to your TPA is critical, but one area often overlooked is reporting accurate fidelity...
A Prying TPA Keeps the IRS Away
January 1st brings anticipation for the future, a fresh start, and a chance to follow through on those New Year’s resolutions. But it also means that it’s retirement-plan reporting season as well. It’s time again to notify your TPA of any business changes that may...