Serving Employers
Partnering with Advisors

Giving to a Better Future

Your Trusted Retirement Plan Third Party Administrator

Specializing in 401(k) Plans | 403(b) Plans | 457(b) Plans | Profit Sharing Plans | DB/DC Combo Plans

We specialize in retirement plan compliance, so you don’t have to.

Why work with Benefits² Administrators?

Most organizations simply don’t have the bandwidth to keep up with complex and ever-changing IRS and DOL regulations. As your Third Party Adiminstator (TPA), we proactively keep your plan compliant and cost-effective.

DEDICATED TEAM MEMBERS

You are paired with an Analyst, and their team, who know your retirement plan and objectives.

PROMPT SUPPORT

We make it easy to get answers via, email, phone, or virtual meetings.

INDUSTRY EXPERTISE

With decades of experience, we stay ahead of evolving regulations.

CUSTOMIZED SOLUTIONS

We tailor your plan and our services your company’s needs and goals.

TRUSTED BY FINANCIAL ADVISORS

We work seamlessly with your Financial Advisor and Plan’s Investment Provider.

Employers

Financial Advisors

Annual Limits & Compliance Calendar

Industry Knowledge

Administration of
401(k), 403(b), 457, & DB/DC Combo Plans

Headquartered for over 30 years in Idaho, we’re proud to serve 800+ clients throughout the Pacific Northwest, including Idaho, Oregon, Washington, Utah, Montana, and Wyoming, as well as clients and advisors nationwide.

We’ve built our reputation on delivering the highest quality service possible.

Who's on your retirement plan team?

FINANCIAL ADVISOR

Provides investment oversight and participant education

PLAN SPONSOR (EMPLOYER)

Establishes the plan, selects providers, ensures fiduciary oversight

RECORDKEEPER

(INVESTMENT PROVIDER)

Tracks participant accounts, processes transactions, and issues statements

What does Benefits² Administrators do as a Third Party Administrator?

401(k) Plans | 403(b) Plans | 457(b) Plans | Profit Sharing Plans | DB/DC Combo Plans

Facilitates Plan Design – Manages Compliance – Prepares and Submits IRS Filings

FACILITATES PLAN DESIGN

MANAGES COMPLIANCE

Conducts Annual nondiscrimination testing (ADP/ACP, top-heavy, etc.)
Facilitates distributions, loans, and Qualified Domestic Relations Orders
Monitors deferrals and employer contribution limits
Helps calculate matching or profit sharing contributions
Helps prepare required participant notices
Supports plan corrections

PREPARES AND SUBMITS IRS FILINGS

Form 5500 – Annual report showing plan activity and compliance.
Form 8955-SSA – Lists former employees who still have benefits in the plan.
Form 5330– Reports and pays penalties for plan
Form 5558 – Requests more time to file forms or send required plan notices.

Our detailed compliance practices help reduce the likelihood of costly plan errors, IRS audits, or DOL penalties.

Let us help you!

To Bundle or Go Un-Bundled?
That is the question!

The retirement plan industry has seen a surge in bundled and automated 401(k), 403(b), and 457 offerings. These one-size-fits-all products consolidate key roles, such as recordkeeping and third-party administration– or even the financial advisor, but often at the expense of flexibility, oversight, personalized service, and fee transparency.

At Benefits² Administrators, we do things differently:

Tailored Plan Design
Bundled solutions can limit flexibility and tax efficiency. We design custom strategies to help business owners and key employees maximize tax-advantaged savings while meeting your retirement plan goals.

Dedicated Service
Bundled providers often eliminate personalized support in favor of call centers. Not us. You’re paired with a dedicated Analyst who knows your plan and is available by phone or email—no call centers, no hand-offs.
Hands-On Compliance
Many automated platforms rely on software to run your data without meaningful oversight. At Benefits², your Analyst personally reviews distributions, census data, and compliance testing. They’re supported by a Compliance Manager for an added layer of review—ensuring your plan stays compliant and your questions get answered.

Did you go bundled or with an automated product? Regretting it?

We’re here to help you make the switch. Contact Leslie Wood at 208.947.9208 or lwood@benefits2llc.com to learn how Benefits² Administrators can provide the customized support your plan deserves.

What Clients Are Saying

Rich S. Chief Operating Officer in Colorado

The best thing we ever did was hire Benefits² as our Third-Party Administrator. Their knowledge, patience, and commitment to service has made all the difference. And they offer a multitude of services, all at price points that we can afford. I can’t say enough good things about our experience.

Robin A. Human Resource Specialist

Working with Benefits 2 Administrators LLC has truly been a positive experience...the entire teams’ expertise, responsiveness, and attention to detail have made the retirement plan administration process seamless for us. It’s clear that you all genuinely care about your clients and go above and beyond to ensure everything runs smoothly.

April J. Office Manager in Idaho

If we have any questions or do not understand what needs to be done, we receive the help we need and get all our questions answered so that everything is taken care of. I recommend them to anyone wanting to set up a retirement program. We have the fullest and utmost confidence in them.

Laura M. Co-CEO and Co-Owner

They’ve been a true lifesaver, and we have complete trust in their knowledge, professionalism, and commitment. We’re so grateful for their partnership and would highly recommend them to any company looking for a reliable and dedicated Third Party Administrator.

DeDe W. Administrative Assistant

Learning the process and what roles administrators play in the 401k world can be daunting. It is comforting knowing our plan is looked after in the best interest of our company and employees. Highly professional and recommended!

Your Trusted Retirement Plan Third Party Administrator

Why work with Benefits² Administrators?

Administration of401(k), 403(b), 457, & DB/DC Combo Plans

Who's on your retirement plan team?

To Bundle or Go Un-Bundled? That is the question!

What Clients Are Saying

Need to Get In Touch With Us?

Administration of
401(k), 403(b), 457, & DB/DC Combo Plans

To Bundle or Go Un-Bundled?
That is the question!