A Quality Retirement Plan TPA

November 6, 2012 at 7:31 pm Leave a comment

When you enter into an agreement with a new TPA, how do you gauge the quality of their work product?  How can you trust if the service is accurate?

It is important that your TPA guarantee their own services and are willing to make corrections as needed.  Although the firm should review their own reports and testing before providing them to you, an individual should be assigned to review their services.  Unusual items should be questioned.  Data that has been submitted to the TPA should be sampled and compared to the reports and testing.   Customer service should be prompt and consistent.

For additional tips, I recommend my book, A Short Guide to Finding a High Value, Low Fee Third Party Administrator (TPA) for Your Retirement Plan, available at amazon.com and https://www.createspace.com/3964647.  My goal is to help plan sponsors make the best decision they can when selecting a  TPA.  I understand how difficult a decision this can be when you do not know what skills and credentials to look for.  I have created this book to ease the process and enable plan sponsors to make good choices through my insights from working in the industry.

Thanks for reading and have a wonderful day!   Please be sure to sign up for my blog and follow me on twitter.

I am not selling my own or any one else’s TPA services through this blog or my book.

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Electing a Third Party Administrator TPA

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Christine Gurney

A pension professional who shares her thoughts and ideas about the pension world for industry members and anyone else interested.

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