Advantage Administrators

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Advantage Administrators We're a family-owned & operated third party administrator located in Waverly, Iowa. Follow us to learn more! Advantage Administrators, formerly known as R.D.

We believe that talking to a machine is not the way to do customer service, so your call will always be answered by a live representative. Drenkow & Co., Inc., was founded in 1987 by ERISA attorney Rodney D. Drenkow as an independent employee benefit consultant and administrator. Our experienced staff can help you establish a benefit plan that will satisfy the needs of your employees. As an independent third party administrator, we provide all the services necessary for tax-favored employee benefit programs, such as: Trust Accounting, IRS Reporting, Consulting, Documentation and Compliance Testing.

Do you know what a Premium Only Plan (POP) is? The Section 125 POP saves employers and employees money by reducing payro...
10/20/2026

Do you know what a Premium Only Plan (POP) is? The Section 125 POP saves employers and employees money by reducing payroll taxes. Learn more by visiting https://bit.ly/4iOqkMH.

Our office will closed today for Columbus Day.
10/12/2026

Our office will closed today for Columbus Day.

Happy Birthday, Rebecca! We hope your day is full of joy and celebration!
10/09/2026

Happy Birthday, Rebecca! We hope your day is full of joy and celebration!

An HRA Plan is an effective and simple way for an employer to take control of employee health care benefit costs. This m...
10/08/2026

An HRA Plan is an effective and simple way for an employer to take control of employee health care benefit costs. This medical reimbursement plan allows an employer to contribute tax-free dollars to designated employee accounts.

A Health Savings Account is a powerful tool to help you save for retirement and is also a way to pay for your family’s e...
10/01/2026

A Health Savings Account is a powerful tool to help you save for retirement and is also a way to pay for your family’s emergency medical expenses. Learn more by visiting https://bit.ly/4iTBxvw.

We're hiring! Advantage Administrators is looking for a full-time Benefit Processor to join our team in Waverly. In this...
10/01/2026

We're hiring! Advantage Administrators is looking for a full-time Benefit Processor to join our team in Waverly. In this role, you'll process benefit claims, maintain enrollment records and assist our employer clients and participants with their accounts.

Position details:
Two-year degree
Full-time, 8 am to 4:30 pm with a half-hour lunch
100 2nd St SW, Waverly, IA 50677

Benefits include PTO, EAP, health and dental insurance, group term life insurance, 401k with match, cancer insurance, short and long-term disability insurance and individual life insurance.

Ready to join a team that supports approximately 500 employer clients and over 10,000 participants? Learn more and apply at https://bit.ly/46VutqV.

Our team is made up of knowledgeable and hard-working individuals who are here to help employers and employees with thei...
09/29/2026

Our team is made up of knowledgeable and hard-working individuals who are here to help employers and employees with their health plans. Learn more by visiting https://bit.ly/4h0LHZL.

Happy Birthday, Amanda! Here's to celebrating you today and all the hard work you bring to the team year-round. Have a w...
09/26/2026

Happy Birthday, Amanda! Here's to celebrating you today and all the hard work you bring to the team year-round. Have a wonderful birthday!

Happy Birthday, Stacy! Wishing you a fantastic day and an even better year ahead. We're so glad to have you on the Advan...
09/23/2026

Happy Birthday, Stacy! Wishing you a fantastic day and an even better year ahead. We're so glad to have you on the Advantage Administrators team!

A Flex Plan allows a participant to set aside money each year from their paycheck to pay for qualified health and depend...
09/22/2026

A Flex Plan allows a participant to set aside money each year from their paycheck to pay for qualified health and dependent care expenses through a Section 125 Cafeteria Account. Learn more by visiting https://bit.ly/4gGNv8T.

Address

100 2nd Street SW
Waverly, IA
50677

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

Telephone

+18003831623

Website

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