2020 had it’s hardships and while ADMIN Partners was not exempt from the impact of the challenging year, overall we had a successful year. Not only did ADMIN welcome a number of new clients, but we reconnected with our existing clients during these uncertain times. Throughout the year, we asked our clients and advisor partners to share their feedback on ADMIN’s teams and the services we provide. This allows us to see where we are doing well ...
RETIREMENT PLANS
ADMIN EDUCATION: HARDSHIPS VS LOANS PT2
If you have been following ADMIN Partners for a while, you know just how deeply we believe in providing people with education on retirement planning. As an independent TPA who specializes in plan compliance and administration, we understand that everyone from Plan Sponsors and Participants to Financial Advisors find value in retirement education. With this in mind, ADMIN’s team is starting the new blog series, ADMIN Education, dedicated to ...
THE ADMIN NEWSLETTER
ADMIN Partners has been an expert in the tax-exempt and governmental retirement industry for over a decade. While we have used this experience to help Plan Sponsors and Advisors across the country, we want to expand our reach. To do this, our team has shared content on our social media platforms along with the content we share here on this blog. Another avenue we have taken is our quarterly newsletter where we share updates on ADMIN Partners as ...
THE RIGHT RETIREMENT PLAN FOR YOU
Unlike for-profit companies, those in the tax-exempt space can often have an array of retirement plan types to choose from. Often, when speaking with prospective clients, ADMIN’s team receives an array of questions from employers who are looking to find the plan that is best for them and their employees. With this in mind, we wanted to dedicate a bog post to help those in this unique retirement space determine what plan is right for you and how a ...
OUR HAND HOLDING APPROACH
The past few weeks have been nothing short of challenging for organizations and individuals across the nation. As the spread of the Coronavirus continues, ADMIN’s dedicated team has been working closely with our clients to lend a helping hand during this difficult time. From providing education on the evolving retirement market to assisting those who find themselves in a financial hardship due to COVID-19, ADMIN is here to help. With this in ...
403(b) PLAN DOCUMENT RESTATEMENT EXTENSION
403(b) Plan Document Restatement Extension On Friday March 27th the IRS (Internal Revenue Service) announced an extension of the last day of the initial remedial amendment period for Section 403(b) plans from March 31, 2020, to June 30, 2020. This means that Plan Sponsors now have until June 30th of 2020 to adopt the pre-approved and individually designed 403(b) plan documents. This additional 90-day extension is welcome news, particularly ...
A RETIREMENT PLAN RESOURCE FOR PUBLIC EDUCATION PLANS
As a TPA specializing in the 403(b) market, ADMIN Partners believes that school districts in the public education space should be provided with the best resources on retirement education. Having assistance with retirement plan administration allows school staff to make the best decisions for their financial futures. With this in mind, we want to share with you a program offered through the National Tax-deferred Association (NTSA) which allows ...
THE 403(B) DEADLINE IS HERE!
If you have been following along with the ADMIN blog, then then IRS Pre-Approved 403(b) Prototype Plan might sound familiar. As experts in the 403(b) marketplace, ADMIN has spent the past few years educating employers and financial advisors on the prototype and what it means for existing 403(b) retirement plans. This initiative by the IRS has tightened the regulations surrounding 403(b) Plans and has made the option of self-administration ...
WHAT OUR CLIENTS ARE SAYING ABOUT ADMIN
It’s been a while since we have shared some client testimonials here on the blog, but we can’t imagine a better way to kick off 2020! Our team is dedicated to providing quality customer service from the moment we are retained as a TPA. Our goal is to personalize the experience that our clients have with our team and to help ease the burdens that come with their retirement plans. We do this by maintaining communication with our Plan Sponsors ...
INDUSTRY INSIGHTS: DATA AGGREGATION
If you have followed along on the ADMIN Partners blog, it’s likely that you have heard us use language specific to the retirement planning industry. However, we realize that not all of our audience is an expert when it comes to the retirement market. With that in mind, we wanted to share some insights on terms that you might hear us, as well as other retirement firms, toss around in conversation. This week we are exploring data aggregation. ...
HOW TO ESTABLISH 403(b) PLAN
By now you know that ADMIN Partners is an expert when it comes to retirement planning. This is especially true for plans that fall into our niche: the tax-exempt and government marketplace. In this arena of retirement planning, we often work with employers who are in the process of establishing a retirement plan for their organization for the first time. These are commonly referred to as ‘start-up’ plans and while they are a familiar territory ...
THE DEADLINE IS HERE: UNIVERSAL AVAILABILITY
With a little over a month left in the 2019 year, ADMIN Partners would like to remind our 403(b) Plan Sponsors of their Universal Availability requirement. Time is running out, but we are here to help! UNIVERSAL AVAILABILITY Each year, the IRS requires 403(b) retirement Plan Sponsors to notify all eligible employees that the Plan is available for their participation. As we approach the end of 2019, ADMIN Partners would like to remind our ...
