No Love for Your Service Provider

  With Valentine’s Day quickly approaching, love is in the air. While couples are reflecting on all they appreciate about each other, it may be time to reflect on another relationship – the relationship between you and the experts you’ve selected to help with your retirement plan. At TriStar, we’re lucky enough to work with…

Spooky Retirement Tales from the Crypt

    Retirement Plans can be a spooky subject to discuss, whether you’re an employer, participant or an advisor. As compliance consultants/TPAs, we correct retirement plan related mishaps almost daily. From missed deadlines to failed tests and lost earnings, we do our best to keep our clients out of harm’s way when it comes to…

Roth 401(k) – Underrated Beauty?

  It’s a classic plot line in literature or movies, and a play on the Cinderella story. The quiet, artistic or perhaps “geeky” character goes unnoticed by their love interest, a popular, beautiful or handsome character. The main character spends much of the story attempting to make changes to their appearance and social or economic…

5 Apps for Advisors

A new generation is emerging in the savings and investing world, and with them comes new requirements for communicating, and grabbing their attention. Phone calls and emails remain the most reliable way to reach out to existing clients, for now. However, with Millennials quickly becoming the majority of today’s work force, advisors may need to…

Retirement Statistics, Women vs. Men

Women seem to be lagging behind men when it comes to retirement saving and planning for their futures. As a company run by women, we wanted to dig deeper into the “why.” In the process, we found some interesting facts.    

Fiduciary Education 101

  As a compliance consulting and third party administration firm, we receive many inquiries from advisors and plan sponsors about their duty as a fiduciary. With recent rulings and news headlines relating to fiduciary requirements in regards to qualified retirement plans, plan sponsors and advisors are scrambling to ascertain whether they’re meeting their fiduciary responsibilities. Want…

401(k) Record Retention Guidelines

In our opinion, all of the following should be retained for the life of the plan and at least 6 years after the termination of the plan. Retirement Plan Documents: These documents are often restated and revised. It is important to keep all versions of the document and its provisions, including amendments, as well as…

2015 NAIFA Sales Congress

  2015 Retirement Plan Updates from TriStar Pension Shannon Edwards will be presenting ‘2015 Retirement Plan Updates‘ at this year’s NAIFA Sales Congress. If you will be in attendance, please visit our booth and drop your business card in our piggy bank for a chance to win a $100 Ranch Steakhouse gift card. We look…

Why Small Businesses Need Retirement Plans

With small businesses making up the majority of the workforce, it’s no mystery why they need to sponsor retirement plans. Employees look to companies that offer retirement benefits, just after health care coverage and salary. This complete compensation package can be the difference between a qualified candidate choosing your company over your competitor’s in the…

10 Ways TPAs Can Help You Grow Your Business

So often, we at TriStar Pension Consulting get asked what it is exactly that we do. Planadviser.com recently published this article and we couldn’t have explained it better ourselves. “Aug 30, 2013 — If you haven’t already reached out to third-party administrators (TPAs) to help you grow your retirement plan business, you may be missing…