Third Party Administrator

FSMA-RatingMark-TPAMinisterial Services


Third Party Administrators perform a ministerial role not a fiduciary role for retirement plans. Typical services performed by TPAs include an annual testing of a retirement plan’s compliance with the Internal Revenue Code and preparation of Form 5500, which the plan sponsor must file annually with the Internal Revenue Service.

Third Party Administration firms approved by FSMA have passed a rigorous test of their business models, history, qualifications, and credentials.

 

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