We serve as the Third-Party Administrator (TPA) for any sized business that is looking to sponsor either a Defined Benefit and/or a Defined Contribution plan (e.g., 401k).

Defined Contribution Plans

Defined Benefit Plans

A Defined Benefit plan (also called a pension plan) offers guaranteed retirement benefits for plan participants.

The two most common types of Defined Benefit plans are: Traditional Defined Benefit and Cash Balance Plans.

Defined Benefit plans allow for much larger annual contributions than Defined Contribution plans.

These types of plans are best for business owners who have stable income, are generally older than their employees, and want to quickly build up their retirement savings faster than is available in Defined Contribution plans.

The most common type of defined contribution plan is a 401(k) plan. These plans allow much more flexibility than a Defined Benefit Plan and give participants more control over investments.

These plans allow for both employee salary deferrals and employer contributions; however, the contribution limits are lower than DB plan limits.

The 2025 annual additions limit is $70,000 (i.e., employee + employer contributions) plus a catch-up of $7,500 for individuals aged 50 and above.

These plans can be designed to feature Safe Harbor contributions, employer profit sharing, and participant loans.

What type of Retirement Plan is best for you? Well, it depends.

Retirement plans are divided into two main groups: