Dynamic Pension Service

Business Details

35 Years

experience

Expert Retirement Plan Administration Services

Dynamic Pension Service, founded in 1991 by Tara M. Hessert, is a qualified retirement plan administration firm dedicated to providing personalized solutions for employers and participants. As an independent fee-for-service organization, we specialize in defined contribution plans, including 401(k)s and profit-sharing plans, without affiliations to investment or insurance providers. Our expertise spans over 25 years, supported by industry certifications such as Accredited Pension Administrator and Qualified 401(k) Administrator. We prioritize client relationships, offering open-architecture recordkeeping and fiduciary oversight to optimize investment performance. With a client base ranging from small businesses to organizations with over 2,400 employees, our team of five professionals ensures compliance, education, and tailored support.

Our proprietary online tools, like the Participant Activity Wizard, streamline distribution requests and account management. Annual reviews and continuous education investments reflect our commitment to evolving client needs. Recognized for our 'personal touch,' we focus on simplifying complex retirement planning processes. Client testimonials highlight our responsive service and dedication to small businesses, mirroring Fortune 500-level resources. Our mission remains to deliver expert administration and foster long-term partnerships built on trust and transparency.

Services

401(k) Plan Administration Defined Contribution Plans Fiduciary Consulting Open Architecture Recordkeeping Participant Distribution Services Retirement Plan Setup Annual Compliance Filings Investment Policy Statement Loan Calculations Online Account Management

Details

Year established: 1991

Highlights and features

We offer 25+ years of specialized retirement plan expertise.
Our open-architecture solutions provide investment flexibility.
We maintain strict independence with no product sales conflicts.
Personalized service for businesses of all sizes is guaranteed.
Proprietary online tools simplify participant account management.

Associations and certifications

Accredited Investment Fiduciary Analyst (AIFA)
Global Fiduciary Steward (GFS)
Enrolled Retirement Plan Agent (ERPA)
Qualified 401(k) Administrator (QKA)
Qualified Pension Administrator (QPA)
Accredited Pension Administrator (APA)

What people say

Personal touch Immediate answer Best move Excellent job Long-term partnership

Website

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Services

401(k) Plan Administration

We administer corporate and non-corporate 401(k) plans with customized compliance solutions. Our services include discrimination testing, annual reporting, and vesting calculations. Clients benefit from tailored plan design consultations and ongoing fiduciary support to optimize retirement outcomes.

Open Architecture Recordkeeping

This service allows employers to select from 28,000+ investment funds for optimized portfolios. We integrate recordkeeping platforms and custodians to streamline management. Participants access online tools for account tracking, loan modeling, and distribution requests with professional support.

Fiduciary Consulting

Our certified experts provide fiduciary oversight and ERISA compliance consulting. Services include investment policy statements, 5500 filings, and annual reviews. We help employers mitigate risks while ensuring regulatory adherence through documented processes and education.

Participant Distribution Services

We facilitate distributions via our proprietary Participant Activity Wizard (P-PAW) system. Employers and employees can submit requests online with step-by-step guidance. This secure platform ensures accurate processing and documentation for retirement or termination-related withdrawals.

Retirement Plan Setup

Our consultants design customized retirement plans during initial development stages. We provide required documentation, compliance tools, and employee communication strategies. Services include plan document preparation, tax advantage analysis, and implementation support for new 401(k) or profit-sharing plans.

People

Tara M. Hessert

Founder

Tara M. Hessert founded Dynamic Pension Service in 1991, establishing it as an independent retirement plan administration firm. With over 25 years in the industry, she leads a team of certified professionals focused on personalized service for small businesses.

Questions

What retirement plans do you administer?

We handle 401(k)s, 403(b)s, and profit-sharing plans for employers of all sizes with customized administration solutions.

How are you different from other TPAs?

We operate independently without selling investment products, focusing solely on fiduciary compliance and personalized service for small businesses.

Can I access my account online?

Yes, our Pensions Made Easy platform allows participants to manage accounts, request distributions, and track investments securely online.

Do you work with small businesses?

Yes, 90% of our clients have fewer than 100 employees, and we specialize in making complex retirement plans accessible for smaller organizations.

How do you ensure plan compliance?

We provide annual 5500 filings, discrimination testing, document updates, and on-demand consulting to maintain IRS and DOL compliance.

Reviews (3)

Write a Review

Linda

Dec 07, 2017 Report

I have had the pleasure of working with Dynamic Pension Services for more than 10 years. I have never had a single problem. I find the staff to be knowledgeable, prompt, and always helpful. I would recommend them highly.

Naser M. Abdou

Aug 02, 2017 Report

I have to agree with the other user. My wife has had the unpleasant experience in dealing with them. They are slow to process anything and are unfriendly to boot. It shouldn't take 10 days to process a distribution. Unfortunately we had to request a early distribution of which my wife has to pay a 20% tax withholding on, and a processing fee from Dynamic Pensions. She simply sent an email inquiring how long the process would take, to which she received no definitive answer, she was given excuses, and to expect delays . Why is there a delay exactly? You have my wife's money, not the other way around

Angie Gibson

Jul 30, 2016 Report

They are slow and rude. When you question them about your account, they tend to treat you like it is an inconvience. I have never seen a more unprofessional and disfunctional group of people. I would not suggest that anyone use this company to be in control of their money. I have been waiting for 8 months for a transaction to be processed and it is almost the end of August and the second quarter results have still not been made available. HORRIBLE to deal with. I will be glad when I no longer have to deal with them.