TPS Group is a employer retirement plan consulting firm committed to your company's unique needs.

Employer Retirement Plan Consulting Divisions

The Pension Service

Retirement Plan Consultants (TPA Services)

Highly impressed with their level of expertise and outstanding customer service.

Don Senecal

I highly recommend TPS Group and their quality third-party administration for our 403(b) plan. During our long relationship with TPS Group, we have never failed to be impressed with their level of expertise and outstanding customer service. They keep their promises and it’s easy to work with them. Having our own rep Lauren McNabb is a plus!

"Extremely Helpful to Our Business"

Angela Simino

Malinda deserves special recognition. She is prompt, courteous, and professional. We find her to be extremely helpful to our business.

They are a pleasure to work with and we highly recommend their services.

Dan Neal

For many years we’ve relied on TPS Group’s extensive knowledge and industry expertise to keep us in compliance with state and federal regulations as well as changes in the law. Their attention to detail is just what we need to keep our business operations running smoothly. They are a pleasure to work with and we highly recommend their services.

Employer Retirement Plan Consulting Services

Retirement Administration Services

At TPS Group, we offer all of the services you need to simplify the management of your company retirement plan and to maintain compliance.

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Defined Benefit Plans

A company retirement plan in which a retired employee receives a specific amount based on salary history and years of service and in which the employer bears the investment risk. 



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Cash Balance Plans

A cash balance plan is a pension plan under which an employer credits a participant's account with a set percentage of his or her yearly compensation plus interest credits.

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Employer Retirement Plan Consulting Team Members

Employer Retirement Plan Consulting Resources

Maine Department of Labor (Maine DOL)

Maine Department of Labor (Maine DOL)

  • State employment laws
  • State independent contractor rules
  • Unemployment
  • Workers’ compensation
  • Safety training & compliance assistance
U.S. Department of Labor (DOL)

U.S. Department of Labor (DOL)

  • Federal wage and hour law
  • Exempt and non-exempt employee status
  • Compliance assistance
  • Independent contractor rules for DOL

Employer Retirement Plan Consulting Frequently Asked Questions

Q: What is a Roth 401(k) Plan?

A: 

A Roth 401(k) is an increasingly popular option within a 401(k) plan that represents a combination of features of the Roth IRA and a traditional 401(k) plan. In a traditional 401(k), you contribute income pre-tax, and then pay taxes on the funds when you withdraw them during retirement.

By offering a Roth 401(k) option, employees can elect to pay the taxes upfront allowing them to make withdrawals tax-free during their retirement.

Under the Roth 401(k), employees may contribute funds on a post-tax elective deferral basis, in addition to, or instead of, pre-tax elective deferrals under their traditional 401(k) plans.  

Employer Retirement Plan Consulting Articles

Boost Retirement Savings with a HSA

Boost Retirement Savings with a HSA

Health Savings Accounts (HSAs) offer significant tax advantages and can be an effective way to cover health care costs in retirement. By law, HSAs are ...

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Office Locations

North Haven, CT

Tel: (203) 234-2229
Fax: (203) 234-8369

Acton, MA

Tel: (978) 369-2318
Fax: (978) 379-8481

Westbrook, ME

Tel: (207) 854-1304
Fax: (207) 854-1305

Buffalo, NY

Tel: (716) 839-9405
Fax: (716) 839-9713

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