Omega TPA Blog
Plan Administration Professionals You Can Trust
What is a TPA (Third Party Administrator)
A Third Party Administrator (TPA) is an organization that provides administrative services to manage employee benefit plans, such as retirement plans (including 401(k) and pension plans), healthcare benefits, and other types of employee benefits programs. Businesses...
Why An Independent TPA Is So Important
Why an Independent TPA is Crucial for Managing Your Company's 401(k) Managing your company's 401(k) plan effectively requires careful oversight, regulatory compliance, and attention to detail. While some businesses attempt to handle this responsibility internally or...
Why Use a Third Party Administrator (TPA)
Managing a 401(k) plan is a significant responsibility, and ensuring compliance, efficiency, and optimal performance can often feel overwhelming. This is precisely why partnering with a Third Party Administrator (TPA) like Omega TPA is critical for effectively...