CRI TPA Services

04/23/2026

401(k) plans are a great way for business owners to save for retirement, save on taxes, and reward employees, but even simple 401(k) plan mistakes can result in costly consequences.

Learn what business owners need to know to avoid 401(k) errors, from common mistakes to steps you can take to reduce risk: https://www.critpa.com/post/avoiding-costly-401-k-errors-what-business-owners-need-to-know

Learn what business owners need to know to avoid 401(k) errors, from common mistakes to steps you can take to reduce risk.

10/19/2025

It’s National Retirement Security Week! It’s the perfect time for employers to refocus on the financial well-being of their teams.

At CRI TPA Services, we partner with businesses to design and administer retirement plans that empower employees and strengthen retention. A secure future for your workforce starts with a plan that works.

Our challenge to employers this week:
Review your plan design, participation rates, and communication strategy to ensure they align with your goals.

Even minor improvements can have a lasting impact on employee confidence and loyalty.

Let’s build retirement readiness together!

09/05/2025

Today is National 401(k) Day, a reminder that retirement benefits are more than just a checkbox.

At CRI TPA Services, we partner with organizations to design customized 401(k) plans, ensure compliance with IRS and DOL regulations, and simplify plan administration so employers can focus on their people.

This National 401(k) Day, take a moment to reflect: Is your plan delivering value to both your employees and your business?

Learn more: https://www.critpa.com/services

08/22/2025

At Carr, Riggs & Ingram (CRI), we distinguish ourselves as more than a conventional accounting firm. Our comprehensive suite of services encompasses auditing*, tax planning, business consulting, forensic accounting, and beyond. This expansion includes specialized divisions such as Auditwerx, CRI Advanced Analytics, CRI M&A Advisors, CRI Simple Numbers, CRI TPA Services, Level Four Group, Paywerx, The Preferred Legacy National Trust Bank, and ProSport Accountants.⁠

Through the integration of these specialized divisions, we adopt a holistic advisory strategy. This synergy across our companies allows us to offer bespoke, all-encompassing solutions tailored to the multifaceted dimensions of your financial landscape.

Let us demonstrate how our unified expertise can serve you, ensuring that your wealth management strategy is as comprehensive and forward-thinking as your aspirations.

Visit CRIFamily.com

08/22/2025

CRI TPA Services offer flexible solutions designed to meet your organization’s unique retirement planning needs. Options include traditional and Safe Harbor 401(k) plans, new comparability and cross-tested plans, profit-sharing, 457 deferred compensation, and cash balance pension plans.⁠
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With expert guidance and a personalized approach, we help you navigate retirement planning with clarity and confidence.⁠
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Discover how our specialized services can support your goals.⁠
🔗 https://www.critpa.com/
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08/22/2025

Many plan sponsors discover too late that their plan has become "top-heavy," triggering mandatory minimum contributions for ALL eligible employees.

Common triggers business owners miss:
• Large distributions by non-key employees
• Ownership changes or new officers
• Only key employees contributing during downturns

The good news? Completely preventable with mid-year monitoring.

Don't wait until December to discover your plan status. A quick check now could save you thousands later.

Learn all the warning signs and how to avoid costly surprises: critpa.com/post/top-heavy-401k-compliance-guide

Discover the key triggers that make 401(k) plans top-heavy and learn how to avoid costly compliance penalties. Get expert insights on minimum contributions and testing requirements.

08/15/2025

Why do some employees receive 15% profit-sharing contributions while others get 5%?

It's not favoritism. It's a strategic plan design called cross-testing.

This IRS-approved method allows business owners to allocate different contribution percentages based on age and compensation while staying fully compliant.

The result? You can focus contributions on key employees while reducing overall plan costs.

Is your profit-sharing plan working as hard as it could for your business?

Read our detailed explanation of cross-testing here: https://www.critpa.com/post/cross-testing-profit-sharing-plans-explained

Questions about optimizing your current plan? Our team is here to help.

Qualified retirement plans like 401(k), profit-sharing, and safe harbor plans are valuable tools for business owners seeking to retain talent and reduce tax liability.

08/07/2025

Congratulations to Joy Hodgson, COO of CRI TPA Services!

Joy has earned the Cash Balance Specialist (CBS) designation from ASPPA, recognizing her advanced knowledge in the design, administration, and compliance of cash balance pension plans.

https://www.critpa.com/post/cri-tpa-services-joy-hodgson-earns-asppa-cash-balance-specialist-certification

07/31/2025

Did you know that participants aged 72 and older are required to take minimum distributions (RMDs) from their retirement accounts every year? These withdrawals must be made by December 31 to avoid IRS penalties.

At CRI TPA Services, we ensure timely distributions so plan sponsors and participants stay compliant.

If you or your employees are nearing this milestone, reach out to us to simplify the RMD process and stay on top of important deadlines.

Learn more: https://www.critpa.com/services

07/16/2025

When it comes to retirement plans, you deserve more than just administration; you need a partner. CRI TPA Services offers direct access to experienced consultants who work closely with your financial team to create tailored, tax-efficient plans that maximize savings and reduce administrative hassles.

Discover how we make retirement planning smarter and simpler for your business.

Learn more: https://www.critpa.com/services

Explore CRI TPA Services' full suite of retirement plan services, including plan design, IRS compliance testing, tax reporting, participant loan processing, and 401(k) plan consulting.