PlanPremier-TPA
A third-party administrator (TPA) assists the plan sponsor with plan document design, compliance testing, eligibility tracking and Form 5500 preparation.
Save your clients money
Our fixed-dollar approach to plan pricing is designed to be low-cost and transparent and to provide better overall value. Our investment and recordkeeping pricing can help you win and retain plans on the basis of our low all-in plan cost.
We also offer a variety of compensation options for TPAs and fee-based and commission-based advisors. Recapture accounts for TPA and advisor compensation are available for share classes R-2, R-2E, R-3 and R-4.
A closer look at PlanPremier-TPA pricing
With a fixed-income approach to plan pricing, plan assets – depending on the share class – generate a plan credit that can offset plan expenses. Over time, net plan expenses, as a percentage of assets, will decrease as assets grow.
Step 1: Determine the annual recordkeeping fees based on the number of plan participants.
Step 2: Choose a share class depending on (1) how the plan sponsor wishes to pay for the recordkeeping fees (with or without expense ratio revenue generated by plan credits) and (2) what level of compensation is necessary to meet the plan’s service requirements.
‡Average expense ratios shown are provided only as examples. The actual average expense ratio depends on the investments selected for the plan and participant allocations. Expense ratios reflect applicable fee waivers and expense reimbursements, without which expenses would be higher. The average expense ratio shown for each PlanPremier-TPA share class is for all funded investments and is weighted, based on average daily net assets in the program as of 12/31/2019. Accordingly, more weight is given to funds with more assets. Actual expense ratios, as reported in each fund's prospectus available at the time of publication, range from 1.06% to 3.64% for R-2; 0.77% to 2.22% for R-2E; 0.56% to 2.22% for R-3; 0.35% to 3.48% for R-4, 0.02% to 1.84% for R-5E; 0.02% to 2.94% for R-5, and 0.02% to 2.94% for R-6.
Build a stronger plan menu
With PlanPremier-TPA your clients can develop a diversified menu intended to improve retirement outcomes.
- Your clients can start with a target date series “most recommended” by advisors.1
- They can distinguish themselves by choosing the American Funds Target Date Retirement Series®, which leverages a distinct approach designed to promote better retirement investment outcomes.
- Better still: Even though the American Funds Target Date Retirement Series is available on many other providers’ platforms, it may be less expensive in a Capital Group retirement plan solution.
- Then they can build a diversified menu using an expansive choice of investments.
- Sponsors can then choose from a wide range of more than 35 American Funds.
- Additionally, sponsors can complete the plan's core fund lineup from hundreds of funds offered by dozens of well-respected investment managers.*
Learn more about our target date series and our portfolio series:
American Funds Target Date Retirement Series
American Funds Portfolio Series℠†
The American Funds Target Date Retirement Series and other highly regarded American Funds are also available on many other DC platforms.
† Not all of the American Funds are available in our retirement plan solutions.
American Funds Contacts
TPA Assistance and Information
(800) 421-9900
Related Tools
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- Price-It Tool℠
Get estimated costs for retirement plans.
- Target Date ProView℠
Evaluate target date retirement funds.
- Price-It Tool℠
Other Resources
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- Cash Balance Plan (PDF)
By offering a cash balance plan alongside their current 401(k) plan, your clients might be able to increase plan contribution limits and reduce corporate taxes.
- Cash Balance Plan (PDF)
Trust a proven leader
The true test of any long-term retirement plan solution is the level of service and support the provider offers to you as the TPA as well as to your plan sponsor clients and their plan’s participants.
The PlanPremier online experience makes it easier for plan sponsors to manage their plans and for participants to prepare for their future; for a compelling overview, watch or share this video.
Retirement plan solutions that can benefit you and your clients
Get personalized sales support to build their retirement plan business
- An experienced sales team, comprising specialists who’ve taken the time to understand their business needs, can help them win and retain more plans.
- Highly effective webinars, videos and literature can help advisors enroll employees and educate plan participants.
- Learn more about the capabilities, reports and information PartnerLink® provides to help you support your retirement plan business on the advisor demo site.
- A comprehensive advisor website makes it easier to offer more value-added services to clients.
Rely on ongoing service to help retain satisfied clients
- A robust plan sponsor website saves time and effort, helping sponsors monitor the health of the plan and manage day-to-day tasks with ease.
- Plan sponsors can automatically track employee eligibility, conduct paperless enrollment and schedule periodic deferral increases2.
- A Payroll Bridge feature processes contributions electronically, cutting sponsors’ work in half as it connects their payroll provider and American Funds3.
- A knowledgeable in-house support service team addresses and resolves issues quickly.
- For help selecting and monitoring investments, sponsors can use a fiduciary services provider of their choice; in addition to others, we facilitate access to services from an independent third party, Wilshire Associates Incorporated (Wilshire®)4.
- Learn more about the online features that will help plan sponsors manage their plans on the plan sponsor demo site for PlanPremier-TPA.
Help improve participant outcomes with enrollment and education support
- An engaging suite of materials encourages employees to enroll and stay invested in the plan.
- Educational materials can help participants understand the fundamentals of investing and retirement planning. Many of these materials are also available in Spanish.
- A financial checkup brochure can help participants assess and improve their retirement savings plan.
- Learn about the online tools and resources available to plan participants on the participant demo site.
Get personalized sales support to build their retirement plan business
- An experienced sales team, comprising specialists who’ve taken the time to understand their business needs, can help them win and retain more plans.
- Highly effective webinars, videos and literature can help advisors enroll employees and educate plan participants.
- Learn more about the capabilities, reports and information PartnerLink® provides to help you support your retirement plan business on the advisor demo site.
- A comprehensive advisor website makes it easier to offer more value-added services to clients.
Rely on ongoing service to help retain satisfied clients
- A robust plan sponsor website saves time and effort, helping sponsors monitor the health of the plan and manage day-to-day tasks with ease.
- Plan sponsors can automatically track employee eligibility, conduct paperless enrollment and schedule periodic deferral increases2.
- A Payroll Bridge feature processes contributions electronically, cutting sponsors’ work in half as it connects their payroll provider and American Funds3.
- A knowledgeable in-house support service team addresses and resolves issues quickly.
- For help selecting and monitoring investments, sponsors can use a fiduciary services provider of their choice; in addition to others, we facilitate access to services from an independent third party, Wilshire Associates Incorporated (Wilshire®)4.
- Learn more about the online features that will help plan sponsors manage their plans on the plan sponsor demo site for PlanPremier-TPA.
Help improve participant outcomes with enrollment and education support
- An engaging suite of materials encourages employees to enroll and stay invested in the plan.
- Educational materials can help participants understand the fundamentals of investing and retirement planning. Many of these materials are also available in Spanish.
- A financial checkup brochure can help participants assess and improve their retirement savings plan.
- Learn about the online tools and resources available to plan participants on the participant demo site.
What’s next
Use Price-It Tool℠ to get an estimate of plan costs.
1 Source: Cogent Syndicated Retirement Plan Advisor Trends, October 2019. Methodology: There were 534 respondents to a web survey conducted August 15–23, 2019. The respondents consisted of financial advisors managing defined contribution plans.
2 This feature’s availability is dependent on information provided in the payroll file.
3 A wide range of payroll providers are approved to work with American Funds.
4 Wilshire’s recommendations are subject to any generally applicable limitation on the investment options available, including limitations imposed by the plan’s recordkeeper or financial professional. Plans that elect target-date mapping at plan conversion may only choose coverage under the 3(21) Select List. Wilshire® is a registered service mark of Wilshire Associates Incorporated, Santa Monica, California. All other trade names, trademarks and/ or service marks are the property of their respective holders. Wilshire is not an affiliate of any member company of American Funds. Wilshire is solely responsible for the program material and its investment recommendations. The complete terms and limitations of Wilshire’s 3(21) Investment Adviser and 3(38) Investment Manager programs may be found in the applicable agreement between the plan sponsor and Wilshire.