Whether you’re an employer starting a retirement plan, a plan sponsor looking for a Third Party Administrator, or a financial advisor looking for a TPA who will strengthen your value with clients, Benefits² Administrators is your trusted partner.
We proudly serve employers and financial advisors in Coos Bay and nearby coastal communities, including North Bend, Charleston, Bandon, Myrtle Point, Coquille, Lakeside, Gold Beach, and Brookings.
With 30+ years of experience, we’ve helped hundreds of businesses—from sole proprietors to large multi-site employers—design and maintain compliant, tax-efficient retirement plans.
We specialize in retirement plan compliance, so you don’t have to.
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 help 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.
We offer solutions to maximize tax-advantaged savings for owners and key staff and help employees save for retirement.
Candidates choosing between two companies are more likely to choose the company with a retirement plan.
Offering a retirement plan shows that employers care about their employees and helps them stay more competitive in the marketplace. Employee retention means spending less money on recruiting.
Small businesses may be eligible for a special $5,000 tax credit the first three years of the plan. Tax deductions for employer contributions are also an incentive.
Plan administration requires minimal time and very little paperwork. Employees have access 24/7 to their online accounts and a retirement specialist is just a phone call away.
When employees are equipped with the tools to retire comfortably, they contribute to building a healthy economy and a society of people with more disposable income.
Thinking about offering a retirement plan for your business? Now is the perfect time to act!
Incentives from the SECURE and SECURE 2.0 Acts reward employers, especially small business, for helping employees save for retirement.
Startup Plan Tax Credit
Eligible businesses with 100 or fewer employees can claim a tax credit to offset the cost of setting up and administering a new 401(k), 403(b), or other defined contribution plan.
Automatic Enrollment Tax Credit
New plans that include automatic enrollment can claim and additional $500 tax credit each year for up to 3 years.
Employer Contribution Tax Credit
Businesses with 50 or fewer employees may qualify for another tax credit for making employer contributions (such as matching or profit sharing) to the new plan.
The Employee Retirement Income Security Act passed by Congress in 1974 (ERISA), requires that most qualified retirement plans maintain an ERISA Fidelity Bond to protect the assets in the plan from fraud or dishonesty by the plan fiduciaries (such as the Trustee and Administrator) as well as other persons who handle plan assets or funds. The plan must be bonded for at least 10% of the value of the plan assets.
An ERISA Fidelity Bond is different from an employee dishonesty insurance policy or rider your company may have, as well as fiduciary liability insurance.
We have partnered with Colonial Surety Company who is guaranteeing the best pricing to our clients.
