What is a TPA?
What Does a TPA Do?
What Does a TPA Do?
A TPA, or Third Party Administrator, is a retirement plan expert who plays a key role in the setup, operation, and compliance of your company’s retirement plan. We assist in managing the technical and compliance aspects of your company's retirement plan—so you don’t have to.
At TNJ Retirement Partners, we serve as the behind-the-scenes engine that helps keep your 401(k), 403(b), or profit-sharing plan running smoothly, accurately, and within the law.
Not all TPAs are the same -
The TNJ Difference
We go beyond the basics—delivering proactive communication, thoughtful plan design, and personalized support. Whether you're starting a new plan or looking to optimize an existing one, we’re here to help it grow.
What Does a TPA Do?
What Does a TPA Do?
What Does a TPA Do?
We collaborate with employers, financial advisors, and recordkeepers to provide:
- Plan Design Consulting
We help create retirement plans tailored to your business goals and employee needs—from straightforward 401(k)s to complex profit-sharing structures.
- Compliance Testing & IRS Filings
We handle nondiscrimination testing (like ADP/ACP), track contribution limits, and manage Form 5500 filings to ensure your plan stays in good standing with federal regulations.
- Day-to-Day Plan Administration
From eligibility tracking to contribution calculations, we take care of the details needed to keep your plan running smoothly.
- Issue Resolution & Consulting
When challenges arise, we provide expert guidance and correction strategies through programs such as EPCRS and VFCP.
Why It Matters
What Does a TPA Do?
Why It Matters
Running a retirement plan comes with legal and financial responsibilities. A qualified TPA like TNJ Retirement Partners:
- Reduces your risk of costly mistakes or audits
- Keeps you up-to-date with changing laws (like SECURE 2.0)
- Saves you time by freeing up you and your staff
- Ensures your plan operates in the best interest of your company and employees