Our Services

Retirement Plan Services Overview

P&A Retirement Plan Services delivers comprehensive retirement plan solutions designed to meet the diverse needs of plan sponsors, advisors, and participants. Our integrated approach combines expertise, technology, and personalized service to help you achieve your retirement plan objectives.

What Sets Us Apart

We understand that managing a retirement plan involves complex regulations, fiduciary responsibilities, and the need to provide meaningful benefits to participants. Our team of experienced professionals brings decades of expertise to every engagement, ensuring your plan operates smoothly and efficiently.

Our Service Philosophy

We believe in building long-term partnerships with our clients. This means providing responsive communication, proactive guidance, and solutions that evolve with your changing needs. Whether you're establishing a new plan or looking to enhance an existing one, we're here to support you every step of the way.

P&A Open Choice

Flexible retirement plan solutions that give you the freedom to choose the recordkeeping platform and investment options that best fit your needs.

Flexibility and Choice

P&A Open Choice represents our commitment to providing customizable retirement plan solutions. Rather than limiting you to a single platform or investment lineup, we offer access to multiple recordkeeping systems and a broad range of investment options, allowing you to build a plan that truly meets your objectives.

Platform Options

How It Works

1. Consultation: We discuss your plan objectives, budget, and preferences
2. Platform Selection: We help you evaluate and select the optimal recordkeeping platform
3. Investment Design: We assist in building an appropriate investment menu
4. Implementation: We coordinate the setup and transition process
5. Ongoing Support: We provide continuous administration and consulting services

Who Benefits from Open Choice?

This solution is ideal for plan sponsors and advisors who want maximum flexibility, established businesses with specific platform preferences, and organizations transitioning from another provider who want to maintain certain features or relationships.

Third-Party Administration Services

Expert TPA services ensuring your retirement plan meets all regulatory requirements while optimizing benefits for participants.

Comprehensive Plan Administration

As your third-party administrator, we handle the complex compliance and administrative tasks required to maintain a qualified retirement plan. Our experienced team stays current with evolving regulations and provides proactive guidance to help you navigate compliance challenges.

Core TPA Services

Plan Design and Consulting

We work with you to design a plan that meets your business objectives while maximizing tax benefits. Services include:

• Plan document preparation and amendments
• Plan design analysis and optimization
• Contribution strategy consulting
• Cash balance and other hybrid plan design

Compliance Testing

We perform all required annual compliance testing, including:

• ADP/ACP testing (401(k) nondiscrimination)
• Top-Heavy testing and minimum contributions
• Coverage testing (410(b))
• Minimum participation testing
• 415 limitations testing

Government Reporting

We handle all required government filings and reporting:

• Form 5500 preparation and filing
• Form 8955-SSA (participant reporting)
• IRS and DOL compliance notifications
• Discrimination testing corrections (if needed)

Regulatory Expertise

Our team includes credentialed professionals with expertise in ERISA, IRS regulations, and DOL requirements. We monitor legislative changes and provide timely guidance on how new rules affect your plan.

Fiduciary Support

We help plan sponsors understand and fulfill their fiduciary responsibilities, including documentation of decisions, procedural prudence, and fee benchmarking. While we don't serve as a fiduciary, we provide the support and information needed to make informed fiduciary decisions.

Complete Plan Administration Solutions

Beyond core TPA services, we provide comprehensive support to ensure your retirement plan operates smoothly:

Investment Services

We support investment selection, monitoring, and fiduciary processes for retirement plan assets, helping you maintain a prudent investment menu.

Participant Education & Communication

We provide educational resources and communication materials to help participants make informed decisions about their retirement savings and understand plan features.

Ongoing Plan Management

Continuous monitoring and support to ensure your retirement plan operates smoothly and efficiently. We proactively identify issues and provide recommendations for plan improvements.

Client Support

Our responsive support team is available for plan sponsors, advisors, and participants through multiple channels including phone, email, and online resources.