
What Does a TPA Do?
Third Party Administrator should not be confused with Plan Administrator. The Plan Sponsor is always the Plan Administrator unless someone else is selected.Some of the duties of a TPA
- Design the retirement plan so that it is goal oriented, but compliant with the legal requirements set forth by the DOL and IRS.
- Re-state and Amend the legal Plan Document
- Annual compliance testing, such as, discrimination testing
- Calculating vesting percentages
- Completing and filing the annual Form 5500
- Be a proactive consultant partner to the Plan Sponsor
- Partner well with the other members of the team!
The Ryding Company Westlake Office
2659 Townsgate Rd,
Westlake Village, CA 91361
(866) 764-9222
The Ryding Company Hawaii Office
Phillip Packard
Regional Vice President of Sales – Hawaii
(808) 585-1510
The Ryding Company Utah Office
Ryan Pedroza
President – Utah
(801) 391-5785
For more information on how we can collaborate with you, please do not hesitate to contact us!