On May 3, 2018 ADMIN’s Sales Manager, Greg Verna, traveled up to State College, Pennsylvania to present an educational workshop to advisors working with Horace Mann. Greg started the presentation by introducing the advisors to ADMIN Partners and the services that we provide. After a brief history on the company and an overview of where we are in the industry today, Greg opened up a conversation on the recent updates to the IRS rules and ...
403B
WHAT TO LOOK FOR WHEN CHOOSING A TPA
Ever feel overwhelmed by the idea of managing a retirement plan that not only fits the needs of your organization, but one that also benefits all your employees? You are not alone! Many employers, specifically in the tax-exempt community, experience this same feeling. Lucky for you, full service TPA’s like ADMIN Partners, LLC. exist for this exact reason. To further explain why a plan needs a full-service TPA, we decided to create a series that ...
UNDERSTANDING THE ROLE OF A TPA
Ever feel overwhelmed by the idea of managing a retirement plan that not only fits the needs of your organization, but one that also benefits all your employees? You are not alone! Many employers, specifically in the tax-exempt community, experience this same feeling. Lucky for you, full service TPA’s like ADMIN Partners, LLC. exist for this exact reason. To further explain why a plan needs a full-service TPA, we decided to create a series that ...
WHY YOU SHOULDN’T SELF-ADMINISTER YOUR 403(b) PLAN
Earlier this week, ADMIN shared a brief discussion on the new 403(b) Prototype Document. The conversation brought up the hot topic of whether the new regulations by the IRS make it harder for Plan Sponsors to self-administer their 403(b) Plans. If you ask us, the answer is yes. Here is why self-administration may not be the right option for you. Since 2008, the IRS has been putting rules and regulations in place that have made it harder ...
LET’S TALK: THE 403(b) PROTOTYPE DOCUMENT
For years, the IRS talked about the idea of a pre-approved plan document for 403(b) Plans. Well, the talking has stopped and now things are in action. A deadline date of March 31, 2020 has been set for the pre- approved 403(b) plan document and Plan Sponsors need to ensure their plans are prepared. With the quickly approaching deadline in mind, ADMIN wants to take a moment to quickly talk about the 403(b) Prototype Document. Prior to 2008, ...
WHY ALL PLAN SPONSORS SHOULD (b)INFORMED – PART THREE
ADMIN Partners is committed to creating educational opportunities for both our existing and potential clients. We understand that by educating our clients, we create a stronger relationship with them and they in turn, are more successful at maintaining their retirement plan. The benefits of having an informed Plan Sponsor is extraordinary when it comes to effective plan management. This is why ADMIN Partners decided to create a three-part series ...
