CRI TPA Services

Name

CRI TPA Services

Legal name

CRI TPA Services, LLC

Website

https://critpa.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Retirement Plan Administration Services

NAICS

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

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Compliance, Reporting & Regulatory Administration (ERISA/ACA/No Surprises) (HLAEALAJ)

Keywords

• Retirement plan administration
• Third-party administration
• 401(k) plan services
• Pension plan consulting
• ERISA compliance services

Headquarters

HQ city

Tallahassee

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, Infrastructure

Revenue model

1. Retirement Plan Administration Services: Third-party administration services for employer-sponsored retirement plans including 401(k), 403(b), defined benefit, profit sharing, and cash balance plans. Revenue generated through professional service fees for ongoing plan administration, compliance testing, and consulting.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

CRI TPA Services provides third-party administration of employer-sponsored qualified retirement plans, including 401(k), 403(b), profit sharing (including new comparability and cross-tested designs), 457 deferred-compensation, cash balance pension, and traditional defined benefit plans. Services span plan design, IRS pre-approved documents, annual compliance testing, Form 5500/5550 filings, loan and distribution transaction processing, and consulting for IRS/DOL correction programs and mergers and acquisitions.

Product overview

CRI TPA Services provides comprehensive third-party retirement plan administration services as a single unified service offering. The core portfolio centers on administration of employer-sponsored qualified retirement plans, including 401(k), 403(b), profit sharing (including new comparability/cross-tested designs), 457 deferred-compensation plans, cash balance pension plans, and traditional defined benefit plans. These plans are supported by four integrated service modules: Retirement Plan Design & Document Services (plan design and IRS pre-approved documents), Annual Compliance, Administration & Tax Services (compliance testing, Form 5500 filings, participant statements), Loan & Distribution Transaction Services (distributions, loans, hardship reviews, QDROs), and Technical Reviews & Consulting (operational reviews, IRS/DOL corrections, M&A guidance). The company also offers fiduciary services and publishes educational resources on retirement plan topics.

Differentiator

Problem solved

Functional benefit

Products and services

• 401(k) Plan Administration

Quantifiable outcome

• Rigorous independent assessment completed for CEFEX certification

Named customers9 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Three partnerships are on record, tiered core.

• Centre for Fiduciary Excellence (CEFEX)coreOthersCEFEX, a division of Broadridge Retirement and Workplace, conducted an independent assessment of CRI TPA Services operational processes, governance structure, documentation, and service quality. CRI TPA Services received CEFEX Certification for Operational Fiduciary Services for their work as a third-party administrator providing services to Pooled Plan Providers.
• American Society of Pension Professionals and Actuaries (ASPPA)coreOthersASPPA is the professional organization that provides certifications including Cash Balance Specialist (CBS), Certified Pension Consultant (CPC), and Qualified 401(k) Administrator (QKA). Multiple CRI TPA Services team members hold ASPPA credentials and certifications.
• CRI Capital Group, LLCcoreOthersCRI TPA Services, LLC is a division of CRI Capital Group, LLC, which is a subsidiary of CRI Advisors, LLC. This is the parent company relationship providing the broader organizational structure and integrated professional services capabilities.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Emerging players

• ForUsAll: Technology-forward 401(k) provider focused on small and mid-sized businesses with differentiated offerings like in-plan crypto; emerging competitor to traditional TPAs targeting the same SMB plan sponsor customer.
• Vestwell: Digital recordkeeping and administration platform for 401(k), 403(b), and defined contribution plans, serving employers, advisors, and pooled plan providers; emerging competitor to traditional TPAs in the mid-market space.
• Guideline: Tech-enabled 401(k) and payroll platform targeting small businesses with fully digital onboarding and flat-fee pricing; directly targets CRI's small and mid-sized business segment with a modern UX-driven model.

Direct peers

• Ascensus: Largest independent retirement and education savings TPA in the US, serving employers, advisors, and financial intermediaries with a similar mix of plan administration, compliance testing, and consulting services across 401(k), 403(b), and defined benefit plans.
• Paychex Retirement: Retirement plan administration arm of Paychex, focused on 401(k) and related plans for small and mid-sized businesses; competes with CRI in the same core SMB segment via bundled payroll + retirement offerings.

Broad incumbents

• Empower Retirement: One of the largest US retirement plan recordkeepers and administrators following the Prudential and MassMutual retirement businesses; competes with CRI across plan types but at vastly greater scale and with proprietary technology.
• Schwab Retirement Plan Services: Retirement plan recordkeeping and administration business of Charles Schwab serving employers of all sizes; competes with CRI in the mid-market 401(k) segment with broader investment platform and scale.
• Fidelity Investments Workplace Investing: Major national retirement plan provider offering 401(k) recordkeeping and administration across all employer sizes; overlaps with CRI in mid-market plan administration but at much larger scale and with bundled investment products.
• ADP Retirement Services: Large, established retirement plan administrator serving employers of all sizes with recordkeeping, administration, and compliance services; competes broadly with CRI in the mid-market employer retirement plan space.
• Vanguard Retirement Plan Access: Large retirement plan recordkeeping arm of Vanguard, focused on low-cost administration primarily for mid-sized and large plans; competes with CRI for the same employer sponsor customers with a low-fee positioning.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/critpaservices
• YouTubeyoutube.com/@critpaservices
• Facebookfacebook.com/CRITPAServices
• LinkedInlinkedin.com/company/critpaservices

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 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 CRI TPA Services