Improving financial health with 401(a) Plans

Our low-fee, high-quality financial solutions make it easy for employees and employers to make retirement a success. TCG is the partner you need at your side to guide you through the journey.

About 401(a) Plans

A 401(a) is a retirement savings plan that allows accumulation of tax-advantaged funds for retirement with contributions coming from the employer, the employee or both. For governmental plans, employees cannot contribute unless the contributions are subject to an irrevocable requirement to contribute as a condition of employment.

An employer will make contributions on the employees’ behalf to a 401(a) account established for each participating employee. The employer’s contributions to an employee’s account are based on a certain formula. This may include a match of the employee’s own contributions to the employer’s 457 or 403(b) plan, (401(k) for non-governmental employers), or in some cases, the employee’s contribution to the 401(a) plan (usually only for city and county governments if the employee contribution is mandatory).

The employer’s plan can also be established with a formula that offers employer contributions based on other criteria established by the employer within the design features available. Examples of incentive based contributions for governmental plans include longevity, attendance, campus based goals (for school districts), health/welfare goals and many others.

Solutions for Plan Sponsors

As a retirement plan provider, we can help establish and/or manage your organization’s 401(a) retention plan—focusing on delivering a seamless experience for you and your employees.

Third Party Administration

From secure online payroll data transfer platforms to daily processing of distributions, we strive to provide you and your employees a superb experience. We deliver:

  • Record-keeping and participant reporting
  • Plan compliance and legal support
  • Transparent fee structures
  • US-based customer service call center

Fiduciary Oversight

As the plan investment advisor, TCG adds a level of protection for your employees in helping determine the investment options provided to them. Our Investment Committee continuously reviews portfolio performance to ensure only the best plans are offered to your staff.

Participant Education

We provide comprehensive financial educational resources for plan participants as well as on-site seminars and live support from financial professionals.

Advanced Technology

We employ advanced technology to ensure you can easily transfer your payroll files and access all necessary employee reports. With our website management tools, you can:

  • Enroll participants online
  • Securely process transactions
  • Generate reports
  • Upload payroll files

Additional Plan Details & FAQ

Is there an enrollment process?

Participants are automatically enrolled in the program if they meet the eligibility criteria in the plan. No individual enrollment paperwork is necessary unless the employee is allowed to contribute to the plan.

How much does an employer contribute to an employee’s account?

Contribution rates and formulas vary with each employer. 401(a) plans allow employers to make a direct contributions on either a fixed dollar or a percentage of salary basis. They also allow for match contributions of employee contributions based on a dollar ratio basis or as a percentage. Additional contributions may be made for certain plan participants if they meet other criteria.

What are the 401(a) benefits?

Most of the 401(a) plans TCG manages are a “defined contribution” plan or an “individual account plan” that provides for an individual account for each participant and benefits are based solely on the amount contributed to a participant’s account plus any investment earnings (and may include forfeitures of accounts of other non-vested participants, if the employer elects to include this provision in the Plan). A 401(a) plan can also be a “defined benefit” plan that guarantees a lifetime income to the plan participants.

Can TCG manage my organization's existing 401(a) Plan?

Absolutely. We look forward to the opportunity to show you how we’re different from our competitors and how employing us as your plan administrator is the best move for your staff. Please send us a message and we’ll talk more.


Helpful Resources

TCG Advisory Services, LLC ("TCG Advisors") is a registered investment advisor regulated by the U.S. Securities and Exchange Commission (SEC) subject to the Rules and Regulations of the Investment Advisor Act of 1940, and is a part of TCG Group Holdings, LLP. Registration with the U.S. Securities and Exchange Commission does not imply a certain level of skill or training. We are located in Austin, Texas. A copy of our Form ADV Part 2 is available upon request.

This website is not authorized for use as an offer of sale or a solicitation of an offer to purchase investments. This website is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, or as an offer to provide advisory or other services in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction.

Past performance may not be indicative of any future results. No current or prospective client should assume that the future performance of any investment or investment strategy referenced directly or indirectly in this brochure will perform in the same manner in the future. Different types of investments and investment strategies involve varying degrees of risk—all investing involves risk—and may experience positive or negative growth. Nothing in this brochure should be construed as guaranteeing any investment performance.

This website may contain forward-looking statements and projections that are based on our current beliefs and assumptions on information currently available that we believe to be reasonable; however, such statements necessarily involve risks, uncertainties, and assumptions, and prospective investors may not put undue reliance on any of these statements.