I have been in my own practice for 5 years and for 5 years, I’ve made enemies with two of the largest payroll providers in this country because I have issues with payroll providers being third party administrators (TPAs) for 401(k) plans. While it may look good on paper to hire a payroll provider as a 401(k) TPA, it’s actually a terrible idea, and this article will tell you why.
Please see full publication below for more information.