Retirement Planning Consulting Group

What Retirement Planning Consulting Group does

Retirement Planning Consulting Group (RPCG) is a Third Party Administrator (TPA) specializing in the design, implementation, and ongoing administration of qualified retirement plans for sole proprietors and small-to-medium employers. The firm operates as a solution-focused, client-centered retirement consulting practice headquartered in Wethersfield, Connecticut, serving clients nationwide from the greater Hartford area for over 35 years. RPCG administers 960+ plans across 401(k) (traditional and Safe Harbor), Profit Sharing, 457, Defined Benefit and Cash Balance, and ESOP structures, and provides Fiduciary 3(16) administrative services, with annual workflows covering census collection, ADP/ACP testing, 5500 filing, and ongoing plan design consultation.

RPCG employs 13 New England-based Retirement Consultants, Administrators, and Actuaries, with an average Design Specialist tenure of 10 years and a 15-year average client tenure. The firm operates a horizontal segmentation model targeting dentists, lawyers, doctors, and small-to-medium employers, and is closely integrated with a referral network of recordkeepers, financial advisors, CPAs, accountants, and attorneys. Revenue is generated entirely through quote-based professional service fees on multi-year contracts; pricing is not publicly disclosed and no proprietary technology stack has been disclosed.

In 2024, RPCG joined Strongpoint Partners, a tech-enabled financial services platform providing third-party retirement administration, recordkeeping, and integrated payroll and HR technology for SMBs. The partnership provides RPCG with access to a national network of 375+ Retirement Consultants and $54B+ in plan assets under administration, while RPCG contributes localized New England expertise and client relationships. The firm previously acquired Pension Benefit Consultants, Inc. of North Haven, CT in 2022 and was itself acquired and rebranded by Claire May in 2018.

Name

Retirement Planning Consulting Group

Legal name

Retirement Planning Consulting Group LLC

Website

https://rpcgllc.com

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Glastonbury

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Third Party Administration (TPA) Services: RPCG provides comprehensive retirement plan administration services including plan design, implementation, compliance testing, government reporting and filings, and ongoing consulting. Revenue is generated through professional service fees for administering retirement plans such as 401(k), Cash Balance, Defined Benefit, Profit Sharing, 457, and ESOP plans.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

RPCG is a Third Party Administrator (TPA) that designs, implements, and administers tax-qualified retirement plans for sole proprietors and small-to-medium employers. The firm delivers plan design, annual administration (census, ADP/ACP testing, 5500 filing, government reporting), compliance management, and ongoing consulting for 401(k), Cash Balance, Defined Benefit, Profit Sharing, 457, and ESOP plans, alongside Fiduciary 3(16) services.

Product overview

RPCG is a third-party administration (TPA) firm offering tax-qualified retirement plan design, implementation, compliance administration, government reporting and filings, and ongoing consulting services. The company provides a portfolio of retirement plan products including 401(k) Plan Solutions (traditional and Safe Harbor), Profit Sharing Plans, 457 Plans, Defined Benefit & Cash Balance Plans, ESOPs, and Fiduciary 3(16) Services. These products are offered as distinct service lines rather than a unified software platform, with customized plan designs tailored to each client's unique retirement goals.

Differentiator

Problem solved

Functional benefit

Products and services

• 401(k) Plan Solutions Traditional and Safe Harbor 401(k) plans with plan administration, compliance testing, and reporting services for sole proprietors and small-to-medium employers.
• Profit Sharing Plan Solutions Employer-funded retirement plans with discretionary contributions and plan design options that maximize benefits for principal employees.
• 457 Plans Tax-advantaged retirement plans for government and certain non-profit employees, administered on behalf of employers.
• Defined Benefit & Cash Balance Plans Pension-style retirement plans with guaranteed benefits; Cash Balance plans combine features of defined benefit and defined contribution plans and are a key offering for sole proprietors such as dentists, lawyers, and doctors.
• ESOP (Employee Stock Ownership Plan) Allows employees to become partial owners of the company through stock allocations, with full administration provided.
• Fiduciary 3(16) Services Assumption of administrative fiduciary responsibilities to reduce client liability and workload on employer plan sponsors.

Quantifiable outcome

• 960+ total plans administered
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• Strongpoint PartnerscoreStrategic or Co-development Partner · 1 July 2024RPCG joined Strongpoint Partners in July 2024 as a proud partner. Strongpoint Partners is a tech-enabled financial services platform providing third-party retirement administration, recordkeeping, and integrated payroll and HR technology solutions for small and medium-sized businesses. The partnership provides RPCG with national infrastructure, resources, and scale (375+ Retirement Consultants, $54B+ Plan Assets Under Administration) while RPCG contributes local New England expertise and client relationships.
• Pension Benefit Consultants, Inc.coreOthers · 1 January 2022RPCG acquired Pension Benefit Consultants, Inc. out of North Haven, CT in 2022. This acquisition expanded RPCG's client base and capabilities as a TPA firm serving the Connecticut market.
• Recordkeepers, Financial Advisors, CPAs, Accountants, and AttorneyscoreChannel Partner/ Reseller/ DistributorRPCG has longstanding partnerships with Recordkeepers, Financial Advisors, CPAs, Accountants, and Attorneys who serve as referral partners and collaborative partners in retirement plan administration. These partners refer employer clients to RPCG for TPA services, and RPCG coordinates with them to deliver compliant, accurate, and personalized retirement plan administration.

Scale indicators7 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Cammack Retirement Group: Cammack Retirement Group provides retirement plan consulting, design, and administration services for non-profit organizations and small-to-mid-sized businesses. It is comparable to RPCG in service scope and target market.
• Sentinel Benefits & Financial Group: Sentinel Benefits & Financial Group offers retirement plan administration, consulting, and actuarial services to employers. It serves a similar client base of small-to-mid-sized businesses with comparable retirement plan offerings.
• SageView Advisory Group: SageView Advisory Group provides retirement plan advisory, consulting, and TPA services to mid-market and SMB employers. It competes in the same TAM as RPCG with comparable service offerings including plan design, compliance, and investment advisory.
• Strongpoint Partners: Strongpoint Partners is RPCG's parent company and a tech-enabled financial services platform providing third-party retirement administration, recordkeeping, and integrated payroll/HR technology solutions for SMBs. As the parent and national platform, it provides the infrastructure and resources that RPCG leverages.
• Ubiquity Retirement + Savings: Ubiquity Retirement + Savings is a retirement plan TPA and recordkeeping platform serving small and mid-sized businesses. It offers a similar mix of services including 401(k), 403(b), and defined benefit plan administration, often supporting similar client segments to RPCG.

Broad incumbents

• Principal Financial Group: Principal Financial Group offers retirement plan administration, recordkeeping, and investment services to employers. As a broad incumbent, it competes in the same retirement plan administration space as RPCG but with significantly greater resources and scale.
• T. Rowe Price Retirement Plan Services: T. Rowe Price Retirement Plan Services provides full-service retirement plan recordkeeping, administration, and investment solutions to mid-market and large employers. It overlaps with RPCG's service offerings but at a much larger scale.
• Vanguard: Vanguard offers retirement plan recordkeeping and administration services to employers of all sizes, including small businesses. It competes in the same retirement plan administration space as RPCG but at significantly larger scale.
• Fidelity Workplace Investing: Fidelity Workplace Investing provides retirement plan recordkeeping, administration, and investment services to employers. As a broad incumbent, it offers overlapping capabilities with RPCG but serves a much wider range of plan sizes and complexity.
• Empower Retirement: Empower Retirement is one of the largest US retirement plan recordkeepers and TPAs, serving millions of participants across employers of all sizes. As a broad incumbent, it operates across the same retirement plan administration space as RPCG but at massive scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/rpcg-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

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 Retirement Planning Consulting Group