401(k) Fridays Podcast

The Business of Being in the 401(k) Business: What the Future Holds for TPAs

Informações:

Synopsis

Today we explore the changing landscape of Third Party Administrators, better known as TPAs.  With me, I am excited to have Jerry Bramlett, Head of TPA Solutions for Acensus.  During our wide ranging and insightful conversion we cover the current realities and challenges of TPAs, why consolidation wave has begun and how will the business and service models of TPAs either change or stay the same going forward.  We also hit on a few questions I received from listeners such as the impact of fee compression on TPAs, whether their will be any local TPAs going forward and how do things like ERISA 3(16) fiduciary services and payroll integration evolve.  Fun stuff! Guest Bio Jerry Bramlett was the Founder, President and CEO of The 401(k) Company (1983), which was sold to Charles Schwab in 2007. At the time of the sale, The 401(k) Company had 350 employees and served over 100 clients with approximately $25 billion in plan assets and more than 425,000 plan participants. After the sale of The 401(k) Company Mr. Bramle