Looking for a pension plan design consultant for your firm? Set up a consultation with the TPS Group and explore these links.

At TPS Group, our pension plan design consultants specialize in pension plan design, retirement plan administration and actuarial consulting.

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

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

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!

- Don Senecal

"Answers All Of My Questions In A Clear Manner"

"Answers All Of My Questions In A Clear Manner"

Our case administrator, Susan, has been absolutely wonderful and is a joy to work with. She is very knowledgeable, patient, answers all of my questions in a clear manner, and is professional.

- Kathy Townsend

Very Responsive And Clear To Requests And Questions

Our service representative, Carol, is outstanding and very responsive and clear to requests and questions. Very professional yet pleasant.

- Jane Surmecewicz

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

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

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.

- Dan Neal

Knowledge and Expertise

Excellent customer service can be hard to find, but not with TPS Group! I know when I do business with Phil Coco, I can expect a quick response. I rely on his knowledge and expertise, and highly recommend TPS Group for their pension services.

- Mark Catullo

Pension Plan Design Consultant Services

Retirement Administration 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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Pension Consultation Services

Pension Consultation Services

TPS Group is a Third Party Retirement Administrator (TPA) committed to your company's success.

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401(k) Plans

401(k) Plans

Here at The Pension Service, we understand Retirement Plans and the importance that they play within your company; for both you and your employees. TPS Group works with businesses like yours to help achieve long-term success. The Pension Service will help you design a 401(k) Program that your employees can easily understand and feel confident participating in.

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457 Plans

457 Plans

A non-qualified, deferred compensation plan established by state and local governments and tax-exempt employers under IRC Section 501. They can be either eligible plans under IRC 457(b) or ineligible plans under IRC 457(f).

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MEP Retirement Plans

MEP Retirement Plans

Managing a retirement plan for your company shouldn’t be a burden. When you enroll in The Multiple Employer Plan from The Pension Service you benefit from the support of a company with 50 years of experience in administering retirement plans for businesses just like yours.

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Profit Sharing Plans

Profit Sharing Plans

TPS Group offers the expertise needed to develop and implement a Profit Sharing Plan that is tailor fit to your business. As with 401(k) plans, you can make a profit-sharing plan as simple or as complex as you want. A profit-sharing plan is available for a business of any size, and it can be established even if a company already has other retirement plans.

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Public Works Plans

Public Works Plans

A simple, low cost, innovative approach to Prevailing Wage Law Compliance. Our program offers an easy to understand solution that satisfies DOL requirements, while providing an open shop contractor the opportunity to not only lower their expenses, but reduce their liability.

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Creative Plan Design

Creative Plan Design

At The Pension Service, we are committed to provide the highest quality actuarial, consulting and retirement plan administration services by listening carefully and being responsive with creative solutions that meet the unique needs and objectives of our clients.

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More Retirement Plan Types

More Retirement Plan Types

We offer a variety of retirement plans for businesses of all sizes, including 401(k) Plans, Profit Sharing Plans, Creative Plan Design, Public Works Plans, & MEP Retirement Plans, and all of the options below.

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3(16) Plan Administration

With TPS 3(16) Service, LLC as the 3(16) fiduciary, employers can rest easy knowing that all plan decisions are made in the best interest of the participants.

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Pension Plan Design Consultant Team Members

Pension Plan Design Consultant Resources

Society for Human Resource Management (SHRM)

Society for Human Resource Management (SHRM)

Human resource data – laws, policies, forms and tools

American Payroll Association (APA)

American Payroll Association (APA)

Payroll guidance and information

Pension Plan Design Consultant Videos

Plan Fiduciary Services and Why They Matter

Cash Balance Plans Allow Six Figure Annual Contributions

Pension Plan Design Consultant Frequently Asked Questions

Q: What types of Pension Consultation Services are most commonly requested?

A: 

Employers typically seek Pension Consultation Services in the following areas:

  • Controlled Group analysis
  • Corrective processing consultation
  • ERISA, DOL, IRS compliance
  • DOL/IRS audit support
  • Analyze legislation affecting plan design and operation
  • VCP and VFCP filings
  • Plan Document and Compliance Consultation

Pension Plan Design Consultant Articles

Plan Fiduciary Services and Why They Matter

Plan Fiduciary Services and Why They Matter

3(16) Fiduciary Service and Why You Should Care People who exercise control and authority over the management of a retirement plan's assets are fiduciaries. ...

Pros and Cons of CARES Act Retirement Account Withdrawals

Pros and Cons of CARES Act Retirement Account Withdrawals

Bob’s wife, Angie, was laid off from her job in retail when the pandemic began and stores closed their doors. To make matters worse, Bob became infected ...

TPS Talks Newsletter | Apr. - May Issue 1

TPS Talks Newsletter | Apr. - May Issue 1

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COVID-19 and Workplace Stress: Tips for Managers and Leaders

COVID-19 and Workplace Stress: Tips for Managers and Leaders

As the engines of the economy restart in phases, many business leaders are grappling with concerns about the welfare and safety of their employees and ...

CEFEX, Centre for Fiduciary Excellence, LLC, has renewed the certification of TPS Group

CEFEX, Centre for Fiduciary Excellence, LLC, has renewed the certification of TPS Group

RECORDKEEPER/ADMINISTRATOR RENEWS CERTIFICATION TO INDUSTRY BEST PRACTICES PITTSBURGH, May 27, 2020, CEFEX, Centre for Fiduciary Excellence, LLC, has ...

May is Mental Health Awareness Month

May is Mental Health Awareness Month

May is Mental Health Awareness Month. Nearly 450 Million people worldwide are currently living with some level of mental illness including anxiety, depression ...

Handling Missing or Unresponsive Plan Participants: Tips for Fiduciaries

Handling Missing or Unresponsive Plan Participants: Tips for Fiduciaries

Missing or unresponsive retirement plan participants pose a challenge for plan sponsors, who have a fiduciary responsibility under ERISA to locate them ...

How the CARES Act Applies to Your Retirement Plan

How the CARES Act Applies to Your Retirement Plan

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Aligning Plan Design with Your Goals

Aligning Plan Design with Your Goals

Aligning Plan Design with Your Goals Most of us live in homes that were not custom-designed for us. We adapt to them rather than expect them to be optimized ...

IRS 5500 Extension

IRS 5500 Extension

The IRS has published some good news for Form 5500 filers—well, some Form 5500 filers. Under Notice 2020-23, released April 9, the extensions generally ...

The CARES Act and Retirement Plans

The CARES Act and Retirement Plans

The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 27, 2020, in response to the coronavirus pandemic. Key provisions ...

Families First Coronavirus Response Act (FFCRA)

Families First Coronavirus Response Act (FFCRA)

As America has nearly shut down overnight due to the coronavirus pandemic, we understand employers are faced with growing concerns about how to manage ...

CT Recovery Bridge Loan Program

CT Recovery Bridge Loan Program

Coronavirus Business Recovery TPS Group will continue representing the interests of you and your employees during this crisis and keep you informed of ...

IRS Extends 2019 Qualified Plan, IRA, HSA Contribution Deadlines

IRS Extends 2019 Qualified Plan, IRA, HSA Contribution Deadlines

The IRS on March 24 updated its website to indicate that it has extended until July 15, 2020 the deadlines for making contributions to workplace-based ...

TPS Group Statement On COVID-19 Outbreak

TPS Group Statement On COVID-19 Outbreak

At TPS Group, we care deeply about the safety of our employees, customers, and communities. Due to the evolving situation with the coronavirus (COVID-19) ...

Dealing with Coronavirus: Employer Considerations

Dealing with Coronavirus: Employer Considerations

As the number of coronavirus (COVID-19) cases increases in the United States, employers are faced with growing concerns about how to manage the impact ...

SECURE Act - Setting Every Community Up for Retirement Enhancement.

SECURE Act - Setting Every Community Up for Retirement Enhancement.

SECURE Act The goal of our nation’s retirement system is to create more opportunities for American workers to save and to make it easier for employers ...

Your World Evolves and Your Retirement Plan Should, Too

Your World Evolves and Your Retirement Plan Should, Too

The written version of your retirement plan, your plan document, defines how the plan operates. Naturally, when you started your plan, it reflected what ...

IRS Announces 2020 Pension Plan Limitations

IRS Announces 2020 Pension Plan Limitations

401(k) contribution limit increases to $19,500 for 2020; catch-up limit rises to $6,500 The Internal Revenue Service announced that employees in 401(k) ...

Understanding Why a QDIA Matters

Understanding Why a QDIA Matters

Understanding Why a QDIA Matters Auto-enrollment has been proven to be effective in raising participation rates in 401(k) plans. As a result, it's been ...

What Keeps Plan Sponsors Up at Night?

What Keeps Plan Sponsors Up at Night?

Plan sponsors have a lot on their plates. At the 2019 National Association of Plan Advisors (NAPA) Summit, a panel of plan sponsors expressed their chief ...

The Loan They Never Take May Make All the Difference

The Loan They Never Take May Make All the Difference

IRS rules provide for participant loans and hardship withdrawals from 401(k) and other plans. They’re not required, but rather left to the discretion of ...

It’s a Juggling Act: How to Save for Retirement and Still Pay Your Bills

It’s a Juggling Act: How to Save for Retirement and Still Pay Your Bills

When you’re in your twenties and thirties, retirement seems like a long way off. Steve and Kim, both Millennials with a new house, two cars, and a baby ...

When to Set Sail with Safe Harbor

When to Set Sail with Safe Harbor

When to Set Sail with Safe Harbor You already know that a 401(k) is a very popular retirement plan and, like other plan designs, it allows your employees ...

Financial Wellness Is Essential to Saving for Retirement

Financial Wellness Is Essential to Saving for Retirement

Financial Wellness – It’s Essential to Saving for Retirement Introducing a workplace retirement plan can be a compelling way for emplyees to take control ...

Defined Benefit Plans are Alive and Well

Defined Benefit Plans are Alive and Well

Defined Benefit Plans are Alive and Well For the most part, the news about Defined Benefit plans lately has not been particularly good. Whether a big ...

The Cost of Aging: Are You Ready?

The Cost of Aging: Are You Ready?

Forty-five years old, married with two teens, and employed full-time, Shannon struggled to care for her aging parents as their health deteriorated. Her ...

Cash Balance Plans Allow Six Figure Annual Contributions

Cash Balance Plans Allow Six Figure Annual Contributions

Cash Balance Plans Allow Six Figure Contributions Most people can contribute to their 401(k) without worrying about exceeding the annual contribution ...

To Roth or Not to Roth

To Roth or Not to Roth

To Roth or Not to Roth A compelling feature of a 401(k) plan has always been the opportunity to contribute money from your current income on a pre-tax ...

Steps To Take To Protect Your Investments

Steps To Take To Protect Your Investments

Retirement accounts have become an attractive target for cyber-thieves, and fraudulent activity is on the rise nationally. Here are important steps to ...

Gen Z in the Workplace: Are Companies Ready?

Gen Z in the Workplace: Are Companies Ready?

Young adults of Generation Z, defined as the cohort of people born from 1997 on, are entering the workforce and will change the rule book just as the Millennials ...

The Vanishing Employee: “Ghosting” at Work

The Vanishing Employee: “Ghosting” at Work

It’s a new, startling labor trend in one of the strongest job markets in 19 years: “ghosting.” Once a term used primarily in the dating world to describe ...

Are You Taking Advantage of Your Employer’s Matching Contribution?

Are You Taking Advantage of Your Employer’s Matching Contribution?

Many employees don’t contribute enough to their 401(k) to take full advantage of their employer’s matching contribution. Are you one of them? Maybe you ...

"Hot Topics in HR" Complimentary Seminar

"Hot Topics in HR" Complimentary Seminar

Don't Miss This Opportunity!  "Hot Topics in HR" Complimentary Seminar November 13, 2018 You are invited to a complimentary seminar and brunch buffet ...

Salary Deferral Deposits: Avoiding Fiduciary Violations

Salary Deferral Deposits: Avoiding Fiduciary Violations

For the 401(k) fiduciary, the importance of timely salary deferral deposits cannot be overstated. An employer that fails to remit employee contributions ...

Cybersecurity Threats and Retirement Plans

Cybersecurity Threats and Retirement Plans

Are you at risk of a cyber-attack? The answer to that question is yes. Millions of credit card numbers and other forms of personal information are stolen ...

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 ...

CEFEX Certification: The 'Gold Standard' in TPA Validation

CEFEX Certification: The 'Gold Standard' in TPA Validation

Advisors and plan sponsors benchmark plan fees, nvestments and other services that can be provided  by a record keeping platform, but rarely have I encountered ...

Talk to a Pension Plan Consultant

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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