The Retirement Plan Company LLC

What The Retirement Plan Company LLC does

The Retirement Plan Company, LLC (TRPC) is a Nashville-headquartered third-party administrator and daily-valuation recordkeeper for qualified retirement plans, founded in 1992 and operating as a Partner Firm of U.S. Retirement & Benefits Partners (rebranding to Daybright Financial in 2025). The company administers more than 3,500 retirement plans covering 70,000+ participants and over $3 billion in plan assets, serving corporate, not-for-profit, public school, governmental, and educational plan sponsors across the United States through regional offices in Portland, Dayton, Greenville, and Lakeland.

The core platform is an open-architecture daily valuation recordkeeping system supporting 401(k), 403(b), 457, profit sharing, money purchase, defined benefit, and cash balance plans. Proprietary tools include the Data Validation Center payroll portal that scrubs employer payroll data before ACH funding, the Compliance Data Center for year-end compliance submission, and the My Personalized Retirement managed account service that constructs individualized QDIA portfolios from five participant data points with quarterly auto-rebalancing. Third-party tools integrated into the participant site include SunGard Wealthstation MyRetirement and Newkirk Fund Central.

TRPC operates primarily a fee-for-service, professional services revenue model with transparent flat-dollar billing and no revenue sharing from fund companies. Distribution is sales-led and channel-driven: investment advisor partnerships are the primary acquisition channel, supplemented by direct plan sponsor sales, TPA-to-TPA outsourcing relationships, and a standardized SMB product (READY.SET(k)) priced at a $500 one-time setup fee with ancillary per-transaction charges. In July 2025, Ingham Retirement Group and PASI Investments were consolidated into Daybright Advisory Services, the SEC-registered RIA successor to TRPC Advisory Services, broadening the firm's advisory and liability-driven investing capabilities.

Name

The Retirement Plan Company LLC

Legal name

The Retirement Plan Company, LLC

Website

https://trpcweb.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

251–500 employees

Short description

The Retirement Plan Company, LLC is a Nashville-based third-party administrator and daily-valuation recordkeeper for qualified retirement plans, serving over 3,500 corporate, governmental, and not-for-profit plan sponsors nationwide. It operates an open-architecture platform with proprietary payroll, compliance, and personalized retirement tools, distributed primarily through investment advisor and TPA partnerships under the Daybright Financial brand.

Ownership category

akta.pro rank

Product category

Retirement Plan Administration (Third-Party Administration)

NAICS

Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)

SIC

Investment Advice (6282)

akta.pro primary industry

Employer Retirement Plan Advisory (401(k)/Pension) (FSAEABAE)

akta.pro secondary industries

Retirement Plan Participant Advice & Managed Accounts (FSAEABAF), Employee Benefit & Retirement Plan Trust Services (FSAAANAC), Retirement & Pension Planning (401(k)/IRA) (FSAEAAAD)

Keywords

• Retirement plan administration
• Third-party administration services
• Daily valuation recordkeeping
• Actuarial services
• Qualified retirement plans

Headquarters

HQ city

Brentwood

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Third-Party Administration (TPA) Services: TRPC provides third-party administration for qualified retirement plans including 401(k), 403(b), 457, profit sharing, money purchase, and defined benefit/cash balance plans. Revenue is derived from service fees charged to plan sponsors for administration, recordkeeping, compliance testing, Form 5500 preparation, and actuarial services. The company emphasizes fee transparency, with fees consisting entirely of transparent billed amounts rather than revenue-sharing arrangements.
2. Recordkeeping Services: Daily valuation recordkeeping services for retirement plans, including participant account management, investment processing, and distribution/loan administration. Revenue is generated through per-participant and per-transaction fees included in the overall service fee structure.
3. READY.SET(k) New Plan Setup and Administration: For the READY.SET(k) small business product: one-time setup fee of $500 plus ancillary participant fees ($75 per distribution package, $300 per QDRO, $100 per loan setup, $50 annual loan recordkeeping, $150 per loan refinance). This is a fee-for-service model for new 401(k) plan establishment and ongoing administration.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

The Retirement Plan Company, LLC provides third-party administration, open-architecture daily valuation recordkeeping, and actuarial services for qualified retirement plans including 401(k), 403(b), 457, profit sharing, money purchase, defined benefit, and cash balance plans. It serves plan sponsors, investment advisors, and other TPA firms with compliance testing, Form 5500 filing, fiduciary guidance, and participant-facing tools, and operates the My Plan Admin fulfillment platform and READY.SET(k) packaged solution for new small-business 401(k) plan setup.

Product overview

The Retirement Plan Company LLC (TRPC) operates as a retirement plan administration and recordkeeping firm offering a suite of integrated services centered on qualified retirement plans. The core offering includes open-architecture daily valuation recordkeeping, third-party administration (TPA), and actuarial services for defined benefit and cash balance plans. Key products include My Personalized Retirement, a managed account service using a Next Generation QDIA strategy for personalized investment management; READY.SET(k), a packaged solution for new 401(k) plan setup; and Fiduciary Peace-of-Mind services for plan sponsor compliance support. The platform includes participant-facing tools such as SunGard Wealthstation MyRetirement for retirement income estimation, Newkirk Fund Central for investment research, and internal employer tools including the Data Validation Center (DVC) Payroll Portal and Compliance Data Center (CDC) Portal for payroll processing and year-end compliance.

Differentiator

Problem solved

Functional benefit

Brands

• My Personalized Retirement: A personalized retirement solution using Next Generation QDIA strategy that automatically creates a personalized investment blueprint incorporating each participant's unique five data points stored in the recordkeeping system.
• READY.SET(k)
• My Plan Admin
• Daybright Advisory Services

Products and services

• Third-Party Administration (TPA) Third-party administration services for qualified retirement plans including compliance testing, annual reporting, Form 5500 filing, and ongoing plan support for plan sponsors.
• Recordkeeping Services Open-architecture daily valuation recordkeeping for qualified retirement plans, supporting plan sponsors and participants with account management, contribution processing, investment elections, and integration with multiple investment platform providers.
• Defined Benefit Plan & Cash Balance Plan Services Actuarial support and third-party administration for defined benefit and cash balance retirement plans, including on-site actuarial illustrations for plan design.
• READY.SET(k) Packaged 401(k) plan establishment and administration solution for small businesses with up to 50 eligible employees and no existing plans, priced with a $500 one-time setup fee plus defined ancillary participant fees for distributions, QDROs, and loans.
• TPA Outsourcing Outsourced recordkeeping, administration, and actuarial services provided to other TPA firms seeking to scale or supplement internal capacity while retaining client relationships.
• Fiduciary Peace-of-Mind Services Ongoing fiduciary guidance and consulting for plan sponsors delivered by TRPC's team of consultants, actuaries, and administrators to help employers meet ERISA fiduciary responsibilities and regulatory requirements.

Quantifiable outcome

• Online distribution processing shortens distribution processing time by up to a week compared to traditional paper-based methods
• +3 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability3 records

Feature6 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Ingham Russell Investment Advisors, Inc. dba Ingham Retirement GroupcoreTechnology or Integration · 1 July 2025Effective July 1, 2025, Ingham Russell Investment Advisors, Inc. dba Ingham Retirement Group became part of Daybright Advisory Services, Inc. (formerly TRPC Advisory Services). Ingham Retirement Group is affiliated with TRPC and specializes in pension freedom through liability-driven investing strategies. The companies work together to provide comprehensive retirement and investment management services.
• PASI Investments, LLCcoreTechnology or Integration · 1 July 2025Effective July 1, 2025, PASI Investments, LLC became part of Daybright Advisory Services, Inc. PASI Investments is affiliated with TRPC and provides investment advisory services that are integrated into the TRPC retirement plan administration ecosystem.
• U.S. Retirement & Benefits Partners (now Daybright Financial)coreStrategic or Co-development Partner · 1 January 2025TRPC is a Partner Firm of Daybright Financial (formerly U.S. Retirement & Benefits Partners), one of the nation's largest independent, privately held firms specializing in employee benefits and retirement plan solutions. The parent company is unifying its brand, with TRPC rebranding to become part of Daybright Financial. This partnership provides TRPC with the backing of a large national network while maintaining its operational independence as a TPA.
• Financial Advisors / Investment AdvisorscoreChannel Partner/ Reseller/ DistributorTRPC's core distribution model relies on partnerships with financial advisors and investment advisors across the country who bring plan sponsor clients and provide ongoing investment advisory services to plan participants. TRPC positions itself as a consultative, platform-neutral TPA partner that supports advisors in acquiring, managing, and scaling their retirement plan advisory business.
• TPA Firms (Outsourcing Partners)minorChannel Partner/ Reseller/ DistributorTRPC serves as a national TPA outsourcing partner for other TPA firms that need to scale or lack internal administrative capacity. These firms outsource recordkeeping, administration, and actuarial functions to TRPC while maintaining their client relationships.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Ascensus: One of the largest independent TPAs for retirement plans in the US, serving small to mid-sized plans with recordkeeping, plan administration, and ERISA compliance services — directly overlapping with TRPC's core TPA offering and serving similar financial advisors and plan sponsor segments.
• Newport (formerly meeting street one / dra analysis): Independent retirement plan consulting and administration firm serving advisors and plan sponsors with recordkeeping, actuarial, and consulting services — directly comparable as a non-affiliated open-architecture TPA targeting the same advisor channel as TRPC.

Broad incumbents

• Principal Financial Group: Major diversified financial services firm providing 401(k) plan recordkeeping, administration, defined benefit/cash balance actuarial services, and group annuities. Overlaps with TRPC in retirement administration and actuarial support, with broader investment and insurance products.
• Fidelity Workplace Investing: Recordkeeper for millions of workplace retirement plan participants, offering full-stack administration, custody, and investment options to plan sponsors across small business to enterprise — overlapping with TRPC's 401(k) administration focus but bundled with proprietary investment products.
• Schwab Retirement Plan Services: Provides bundled recordkeeping and administration for employer-sponsored retirement plans, partnering with advisors and serving small/mid-market plan sponsors — directly comparable in customer base and consulting-led sales motion to TRPC.
• Empower Retirement: Largest US retirement plan recordkeeper by participant count, offering bundled recordkeeping, custody, and administration. Serves similar plan sponsors and competes directly for advisor-led plan wins, but at materially greater scale with proprietary fund menus.
• ADP Retirement Services: Provides retirement plan recordkeeping and administration, often bundled with payroll processing — closely comparable to TRPC's READY.SET(k) small-business 401(k) motion and DVC payroll portal capabilities.
• Paychex Retirement Services: Retirement plan recordkeeping and administration primarily for small and mid-sized businesses, often bundled alongside Paychex payroll — direct overlap with TRPC's READY.SET(k) target segment and small-business 401(k) administration focus.

Emerging players

• Ubiquity Retirement + Savings: Technology-enabled retirement plan recordkeeper for small businesses with simplified pricing and automated compliance — overlaps with TRPC's READY.SET(k) on small-business 401(k) administration and pricing transparency positioning.
• ForUsAll: Modern 401(k) platform with recordkeeping and managed accounts targeting small and mid-sized plans. Competes with TRPC's READY.SET(k) in the small-business 401(k) segment, offering a more tech-forward onboarding experience.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/trpc_web
• YouTubeyoutube.com/@theretirementplancompanyll2921
• Facebookfacebook.com/The-Retirement-Plan-Company-LLC-125353980838705
• LinkedInlinkedin.com/company/the-retirement-plan-company-llc

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about The Retirement Plan Company LLC