The Pension Service
TPS 3(16) Service
Payright Payroll Affiliates
Benefits Plus
TPS Group Medical
Expert Guidance and Customized Solutions Since 1964.
Celebrating over 50 years in business.
meet our family of companies
Cost effective Actuarial and Employer sponsored retirement benefit services.
Celebrating over 50 years in business.
learn more about usTPS Group Provides Retirement Plan Management, Payroll, and Benefit Solutions
TPS Group is a family of companies providing a variety of products and services in the area of Retirement Planning and Plan Management, Payroll, and Benefits. By offering an a la carte menu of specialized services, TPS Group can help you run your business more efficiently.
Our Strategic Partner for HR Services: Blueprint HR Solutions
Blueprint HR Solutions provides expertise in all key HR functional areas. Even organizations with fully developed HR departments can run into unexpected challenges. Whether you need guidance on a particular matter, help executing an HR initiative, an outside third-party perspective on a critical issue, or simply expertise in an area such as compensation, our experienced HR Consulting team is a strategic partner for you at all levels of your organization.
The Latest News
Defined Benefit Plans Are Not Extinct
Posted on Mar 7, 2023
While it’s true that many private companies have switched from defined benefit plans to defined contribution plans (such as 401(k) plans), it’s worth considering whether a defined benefit plan would benefit you as a business owner and help you meet your tax and savings goals. Generally, the employer makes the most contributions in a defined benefit plan, although sometimes voluntary contributions by employees are permitted or required. »
Secure Act 2.0: What You Need to Know
Posted on Mar 2, 2023
Learn about the key provisions of the SECURE Act 2.0, a new legislation that aims to expand access to retirement savings and simplify plan administration for employers. Discover how TPS Group's mission aligns with this legislation to promote a secure financial future for all. »
What Employers Should Know About Safe Harbor 401(k) Plans
Posted on Feb 13, 2023
This article explains the difference between a traditional 401(k) and a safe harbor 401(k) plan. A safe harbor 401(k) plan offers benefits for business owners and employees as it is not subject to annual nondiscrimination testing and employees are immediately vested when employer contributions are made. Employers must make mandatory contributions and there are different types of safe harbor plans to choose from. »
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