RPS

What RPS does

RPS (Retirement Plan Specialists, Inc.) is a privately held, founder-owned professional services firm founded in 1995 and headquartered in Oviedo, Florida. The firm provides administrative, actuarial, and consulting services for tax-qualified pension and profit-sharing plans to employers operating as corporations, partnerships, or sole proprietorships. Its service menu spans plan design and implementation, administration of multiple plan types (401(k), profit sharing, ESOP, 403(b), 457, non-qualified, Davis-Bacon, cross-tested), defined benefit and cash balance actuarial consulting, ERISA compliance consulting, 3(16) fiduciary services, expert witness and mediation work, continuing education, and a compliance review program (CORP). RPS does not operate a proprietary technology platform; all client information is processed in-house using internally maintained computer systems, and the firm emphasizes confidentiality and accuracy over automation.

The firm's go-to-market is sales-led, direct B2B engagement with employers of all sizes, with distribution concentrated in the Southeast United States. Pricing is quote-based on individually tailored engagements; the firm bills as a fee-based professional services provider rather than via disclosed productized pricing. RPS is founder-owned and founder-operated by Sandra R. Turner, who also serves as President; the company has no institutional investors, no parent entity, no subsidiaries, and no disclosed funding history. The team of 5+ named staff carries a portfolio of advanced pension industry credentials (ERPA, EA, CPC, QPA, MSPA, ACOPA) and collectively claims over 160 years of retirement plan experience, which the firm positions as its primary differentiation in a highly regulated niche.

Name

RPS

Legal name

Retirement Plan Specialists, Inc.

Website

https://wehelppeopleretire.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

1–10 employees

Short description

RPS (Retirement Plan Specialists, Inc.) is a privately held, founder-owned professional services firm providing administrative, actuarial, and consulting services for tax-qualified pension and profit-sharing plans to employers of all sizes across the Southeast United States.

Ownership category

akta.pro rank

Product category

Retirement Plan Administration Services

NAICS

Health and Welfare Funds (525120)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Employee Benefit & Retirement Plan Trust Services (FSAAANAC)

akta.pro secondary industry

Middle-Office Services (Trade Support, Reconciliation, Corporate Actions) (FSAAAMAC)

Keywords

• Retirement plan administration
• Actuarial consulting
• ERISA compliance
• Pension consulting
• Fiduciary services

Headquarters

HQ city

Oviedo

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Retirement Plan Administration & Consulting Services: Fee-based professional services providing administrative, actuarial, and consulting services for tax-qualified pension and profit sharing plans. Services are individually tailored to client needs and billed accordingly.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Retirement Plan Specialists, Inc. (RPS) is a fee-based professional services firm providing administrative, actuarial, and consulting services for tax-qualified pension and profit-sharing plans. The firm serves employers of all sizes (corporations, partnerships, sole proprietorships), delivering plan design and implementation, ongoing plan administration (401(k), profit sharing, ESOP, 403(b), 457, non-qualified, Davis-Bacon, cross-tested), actuarial valuations and consulting for defined benefit and cash balance plans, ERISA compliance consulting, 3(16) fiduciary services, expert witness and mediation support, continuing education seminars, and a Compliance & Operational Review Program (CORP).

Product overview

RPS (Retirement Plan Specialists, Inc.) is a full-service fee-based administration, actuarial, and consulting firm offering a comprehensive suite of retirement plan services. The core offerings include Plan Design/Implementation, Administration across multiple plan types (401k, Profit Sharing, ESOP, 403(b), 457, Non-Qualified, Davis-Bacon, Cross Tested), Actuarial Consulting (Defined Benefit Plans, Cash Balance Plans), and ERISA Consulting. Additional services include 3(16) fiduciary services, Continuing Education/Training, and a Compliance & Operational Review Program (CORP). The firm provides all services in-house through credentialed staff including Enrolled Retirement Plan Agents, Enrolled Actuaries, Certified Pension Consultants, and Qualified Plan Administrators, serving employers of all sizes from their Oviedo, Florida office.

Differentiator

Problem solved

Functional benefit

Products and services

• Plan Design/Implementation Professional service guiding clients through selecting, customizing and implementing retirement plans, including plan document development, IRS filings, and employee communication packages, for employers establishing new retirement programs.
• Retirement Plan Administration Day-to-day operational management of retirement systems including contribution calculations, trust accounting, discrimination testing, employee statements, and government forms preparation across multiple plan types (401(k), Profit Sharing, ESOP, 403(b), 457, Non-Qualified, Davis-Bacon, Cross Tested).
• Actuarial Consulting Actuarial valuations and consulting services for defined benefit and cash balance plans including annual valuations, FASB/GASB/IAS 19 compliance, actuarial projections, QDRO calculations, and plan termination assistance.
• ERISA Consulting Compliance consulting ensuring employee benefit plans meet ERISA and Internal Revenue Code fiduciary standards, with staff holding ERPA, EA, CPC, QPA, and MSPA designations.
• 3(16) Fiduciary Services Plan administrator fiduciary services under ERISA Section 3(16), allowing RPS to serve as the plan administrator and assume associated fiduciary responsibilities on behalf of the plan sponsor.
• Continuing Education/Training Continuing education credits and training seminars on legislative and regulatory changes for ERISA and employee benefit practitioners.
• Compliance & Operational Review Program (CORP) Program helping companies determine whether their existing retirement plans meet IRS and Department of Labor operational requirements.
• Expert Witness Services Expert testimony and litigation support regarding investment transactions, plan administration, ERISA compliance, and remedies under ERISA.
• Mediation Services Fiduciary and administrative dispute resolution outside arbitration or litigation for participant benefit disputes, plan termination, and service provider fee issues.

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• ADP Retirement Services: Bundles retirement plan administration with payroll and HR services for SMB and mid-market employers — a key competitor for RPS's small and mid-sized employer customers seeking integrated administration.
• Empower Retirement: Major recordkeeper and administrator of defined contribution and defined benefit plans, serving small/mid/large employer markets with bundled administration, investments, and fiduciary services — overlapping with RPS's full-service offering but at vastly greater scale.
• Paychex Retirement Services: Provides 401(k) and retirement plan administration primarily to small and mid-sized businesses, often bundled with payroll — directly competitive for the SMB segment of RPS's customer base.
• Principal Financial Group: Large retirement plan provider offering plan administration, actuarial, and investment services across 401(k), defined benefit, ESOP, and non-qualified plans — overlapping with most of RPS's product line as part of a broader financial services portfolio.
• T. Rowe Price Retirement Plan Services: Provides retirement plan recordkeeping and administration for employers of various sizes with strong investment management capabilities — overlaps with RPS in administration and ERISA compliance for mid-to-large plan sponsors.
• Schwab Retirement Plan Services: Offers recordkeeping and administration for employer-sponsored retirement plans with a focus on investment menus and participant experience — competes for mid-market and larger plan sponsors.
• Fidelity Investments (Workplace Investing): Operates one of the largest U.S. retirement plan recordkeeping platforms, serving employers of all sizes with administration, compliance, and participant services — a broad incumbent competing for the same SMB-to-enterprise employer customers RPS targets.
• Vanguard (Retirement Plan Services): Operates a large retirement plan recordkeeping platform for small/mid/large plan sponsors, known for low-cost administration — competes with RPS for cost-sensitive employer clients.

Direct peers

• Milliman: Global actuarial and consulting firm with a dedicated retirement practice providing defined benefit, cash balance, and pension actuarial consulting — directly comparable to RPS's actuarial consulting and defined benefit services.
• Ascensus: One of the largest independent third-party administrators of retirement plans in the U.S., serving employers of all sizes with recordkeeping, plan administration, and ERISA compliance services — directly comparable to RPS's core administration business, though at far greater scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

• Xx.com/RPSpecialists
• YouTubeyoutube.com/user/RPSpecialists
• Facebookfacebook.com/wehelppeopleretire
• LinkedInlinkedin.com/company/retirement-plan-specialists-inc.

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RPS