What Makes Us Different
The cornerstone of the Benetech business model has always been to deliver the highest quality service to advisors, plan sponsors and platform providers while keeping our fees reasonable.
We are unique in our industry in that we are a privately held, national actuarial firm that specializes in retirement plans for small and medium sized businesses, but do not sell investment products. We have brought this unique combination of advanced technical knowledge and investment neutrality to our clients since 1974.
Our firm structure allows us to act in three capacities that set us apart from other TPA firms.
Today, Benetech is pleased to work with investment professional advisors who serve small and medium-sized businesses. These advisors see value in working with a TPA that can provide specialized knowledge and expertise that confer powerful benefits to business owners, not just the employees. Our offerings run the full gamut of defined benefit/defined contribution (DB/DC) plan design (including cash balance, defined benefit, 401(k) and profit sharing plans), set-up and recordkeeping, all backed by our commitment to invest continuously in new technology and automation tools to make your plan run smoothly.
Where we believe we are without equal—and where we see the biggest unmet need in the industry—is the comprehensive professional development programs we have created to educate retirement plan advisors, both new and experienced. By distilling technical and regulatory complexities into simple concept, and then explaining how these concepts inform a client’s plan options, we help advisors and sponsors simplify the more complex aspects of plan design and administration and provide back-office support so that they focus on core areas of their business.
Our independence has also been instrumental in allowing us to work with the nation’s largest brokerage firms and recordkeeping partners who prefer that their advisors work with an experienced TPA firm that has depth and expertise in plan design, that delivers on promises, and coordinates a range of services to deliver quality control.