Third Party Administrator (TPA) Services
Retirement Plans, Handled with Confidence
Retirement plans are complex. Managing them shouldn’t be. At DRDA, we act as your trusted Third Party Administrator (TPA)—delivering full-service retirement plan administration that protects your business, your team, and your peace of mind.
We handle the technical side so you can focus on running your business. From plan design to compliance testing, we’re here to make sure your retirement plan runs smoothly and stays in full compliance with federal regulations.
What Does a TPA Do?
A Third Party Administrator is an independent expert responsible for many day-to-day functions of your retirement plan. While investment companies focus on managing assets, TPAs manage the plan itself.
Our TPA services include:
Customized plan design and documentation
Compliance testing and annual filings (including Form 5500)
Employee eligibility and benefit calculations
Support with participant loans, distributions, and QDROs
Full plan reconciliation and audit support
Why TPAs Matter for Plan Sponsors
Working with a TPA isn’t just smart—it’s protective. A qualified TPA like DRDA helps ensure:
- Your plan is accurate and compliant
- Errors are caught early and corrected
- You receive support when navigating IRS and DOL regulations
We act as your advocate—performing tests, identifying opportunities, and keeping your plan in good standing.
Our Approach Includes:
Accuracy & Oversight
- Verifying participant eligibility and employer match formulas
- Reviewing contribution flow, payroll data, and fee assessments
- Reconciliation of participant accounts and benefit statements
Compliance Testing
- Required IRS non-discrimination testing
- Proactive strategies to resolve any testing failures
- Plan-level reviews to ensure compliance with your plan document
Plan Compliance & Regulation Management
- Maintaining up-to-date plan documents that reflect current regulations
- Operational reviews to ensure your plan follows its legal guidelines
- Identifying and correcting discrepancies between plan documents and plan operations
- Offering strategic recommendations for plan updates based on regulatory changes
- Providing guidance and documentation in the event of a DOL or IRS audit
Accounting & Reporting
- Creation of audit packages and CPA support
- Summary Annual Reports and Form 5500 prep
- Accurate tracking of vested benefits
Ongoing Plan Support & Advisory
Retirement laws change. Markets shift. Your workforce evolves. We keep your plan flexible and compliant every step of the way.
As your TPA, DRDA provides:
Proactive plan design updates to match changing laws
Detailed documentation maintenance and operational reviews
Support with mergers, acquisitions, and IRS/DOL audits
Guidance on IRS corrections and participant disputes
We’re not just a vendor—we’re your long-term compliance partner.
Additional Oversight & Strategic Support
Beyond compliance, we help you plan smarter and avoid costly oversights. Our comprehensive TPA services include:
Customized plan design to fit your business needs
Coordination with your financial advisor and any investment platform
Assistance with controlled group rules and plan compliance issues
Support with merger and acquisition activity
Guidance during DOL or IRS audits
Updates based on legislative and regulatory changes
Availability for client meetings and consultation
Trusted continuity across the lifecycle of your plan
Independent review of client census data and vendor records
Transparent, competitive fee structures with full disclosure
Gross-to-net pricing with offsets from TPA revenue
Retirement Plan Types We Administer
We support a wide range of retirement plan structures, including:
Defined Contribution Plans
- Traditional 401(k), Roth 401(k), Safe Harbor 401(k)
- SIMPLE 401(k), Solo 401(k)
- Profit Sharing Plans
- Money Purchase Plans
- 403(b) and 457(b) Plans
- Cross-tested and customized plan designs
- Mega Backdoor Roth options
Defined Benefit Plans
- Traditional Defined Benefit (Pension) Plans
- Cash Balance Plans
- Solo Defined Benefit for high-income sole proprietors
Business Financing Support
- 401(k) Business Financing (ROBS) plans
- Structure and compliance for self-directed startup funding
Why Businesses Choose DRDA as Their TPA
We’re accountants and advisors—but more importantly, we’re retirement plan specialists. When you choose DRDA, you get:
A dedicated TPA team with accounting and audit expertise
Deep plan knowledge and customized design strategies
Full visibility into your plan operations and responsibilities
We work closely with your financial advisor, payroll provider, and recordkeeper to keep every piece aligned—so nothing slips through the cracks.
Protect your business.
Support your people.
Simplify your plan.
Let DRDA handle the complexity of retirement plan administration—so you can get back to growing your business.
Who We Are 
Services 
Tax Services 
Client Accounting Services 
Business Advisory 
Audit & Attestation 
Retirement Solutions 
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