Omega, Inc. Third Party Administrator
- Company typePrivate
- Founded1984
- HeadquartersDewitt, United States
- Headcount—
- GTM typeB2B
- OfferingServices
Omega, Inc. Third Party Administrator firmographics
Firmographics- Name
- Omega, Inc. Third Party Administrator
- Legal name
- Omega, Inc.
- Website
- https://omegaqpa.com
- Company type
- Private
- Founded year
- 1984
- Operating status
- Operating
- Ownership category
- akta.pro rank
Where Omega, Inc. Third Party Administrator is headquartered
LocationHeadquarters
- HQ city
- Dewitt
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Omega, Inc. Third Party Administrator business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Others
Revenue model
- Plan Administration Services: Professional third-party administration services for qualified retirement plans including installation, annual administration, actuarial services, and government reporting. Revenue is generated through fees for service rendered to small and medium-sized business clients.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Omega, Inc. Third Party Administrator product offering
Product offeringCore offering
Omega, Inc. is an independent third party administrator (TPA) that designs, implements, and administers qualified retirement plans for small and medium-sized businesses. Core offerings cover 401(k), profit sharing, defined benefit, 403(b), cash balance, age-weighted, new comparability, and money purchase plans, including plan design, ongoing administration, compliance testing, and valuation services for approximately 600 employers with over $1 billion in plan deposits.
Product overview
Omega, Inc. is an independent Third Party Administrator (TPA) offering a comprehensive suite of retirement plan administration services. The company provides administration for multiple plan types including 401(k), profit sharing, defined benefit, 403(b), cash balance, age-weighted, new comparability, and money purchase plans. The firm serves approximately 600 small and medium-sized business clients and manages over $1 billion in plan deposits. Services include plan installation, administration and actuarial services, employee communication services, annual government reporting, and fee schedule installation.
Differentiator
Problem solved
Functional benefit
Products and services
- 401(k) Plan Administration
Companies that use Omega, Inc. Third Party Administrator
Customer profileSegments1 record
Ideal customer profiles1 record
Omega, Inc. Third Party Administrator technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Omega, Inc. Third Party Administrator partnerships and signals
Strategic signalScale indicators3 records
Recent moves3 records
Omega, Inc. Third Party Administrator competitors and assessment
Company assessmentBroad incumbents
- Empower Retirement: Empower (formerly MassMutual retirement) is one of the largest recordkeepers in the U.S. serving plans of all sizes; overlaps with Omega across 401(k), DB, and full-service plan administration but at national scale.
- Transamerica Retirement Solutions: Transamerica administers qualified retirement plans (401(k), DB, etc.) for businesses of all sizes; directly comparable plan administration services to Omega, but operating as a large carrier-affiliated incumbent.
- Fidelity Workplace Investing: Fidelity provides 401(k) and other qualified plan recordkeeping/administration to employers of all sizes, including SMBs; a broad incumbent that competes with Omega on plan administration services.
- Principal Financial Group: Principal offers retirement plan administration, recordkeeping, and investment products across plan types including defined benefit and 401(k) — directly comparable plan types to Omega but at much larger scale.
- Schwab Retirement Plan Services: Charles Schwab provides 401(k) and other qualified plan recordkeeping for small to mid-sized employers, making it a comparable 401(k) administration competitor with broader national reach.
- John Hancock Retirement: John Hancock Retirement Plan Services provides administration and recordkeeping for 401(k), defined benefit, and other qualified plans — comparable plan-type breadth to Omega but at national, carrier-affiliated scale.
- Vanguard Retirement Plan Services: Vanguard offers low-cost 401(k), 403(b), and other qualified plan recordkeeping/administration to employers of all sizes, including SMBs; comparable to Omega in plan-type coverage but competing heavily on price and scale.
Direct peers
- Paychex Retirement Services: Paychex offers 401(k) recordkeeping and administration for small and medium-sized businesses, directly overlapping with Omega's SMB retirement-plan TPA focus, plan types, and buyer profile.
- Ascensus: Ascensus is one of the largest independent TPAs in the U.S., administering retirement, education, and health savings programs — directly comparable to Omega on the independent-TPA positioning and retirement plan administration core.
- ADP Retirement Services: ADP provides 401(k), profit sharing, and other qualified plan administration as part of its SMB payroll/HR suite, making it a directly comparable retirement plan TPA competing for the same small-business segment.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Omega, Inc. Third Party Administrator social profiles
Digital presenceOmega, Inc. Third Party Administrator financial estimates
Financial estimateRevenue estimate
Valuation estimate
Omega, Inc. Third Party Administrator leadership team
Management profileNumber of profiles
Omega, Inc. Third Party Administrator funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Omega, Inc. Third Party Administrator M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Omega, Inc. Third Party Administrator
What does Omega, Inc. Third Party Administrator do?
Omega, Inc. is an independent third party administrator (TPA) that designs, implements, and administers qualified retirement plans for small and medium-sized businesses. Core offerings cover 401(k), profit sharing, defined benefit, 403(b), cash balance, age-weighted, new comparability, and money purchase plans, including plan design, ongoing administration, compliance testing, and valuation services for approximately 600 employers with over $1 billion in plan deposits.
Is Omega, Inc. Third Party Administrator a public or private company?
Omega, Inc. Third Party Administrator is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Omega, Inc. Third Party Administrator founded?
Omega, Inc. Third Party Administrator was founded in 1984.
Where is Omega, Inc. Third Party Administrator based?
Omega, Inc. Third Party Administrator is headquartered in Dewitt, United States, in the North America region.
How does Omega, Inc. Third Party Administrator make money?
One revenue line is on record: plan Administration Services.
Who are Omega, Inc. Third Party Administrator's main competitors?
Broad incumbents on record are Empower Retirement, Transamerica Retirement Solutions, Fidelity Workplace Investing, Principal Financial Group, Schwab Retirement Plan Services, John Hancock Retirement and Vanguard Retirement Plan Services. Direct peers are Paychex Retirement Services, Ascensus and ADP Retirement Services.
Does Omega, Inc. Third Party Administrator have an API?
No public API is recorded for Omega, Inc. Third Party Administrator.