Advantage Administrators

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 indepe

ndent 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.

Any administrator can propose a plan, but we take our administration the extra mile for you and your employees by provid...
09/01/2026

Any administrator can propose a plan, but we take our administration the extra mile for you and your employees by providing great customer service. Our knowledgeable staff is available to personally assist participants and employers. Plan administration is not just a part of our business; it is our business.

The medical mileage rate increased on July 1, 2026. The new rate is 23.5 cents per mile, up from 20.5 cents per mile, wh...
07/16/2026

The medical mileage rate increased on July 1, 2026. The new rate is 23.5 cents per mile, up from 20.5 cents per mile, when an automobile is used to obtain qualifying medical care.

Have questions about this change? Contact Advantage Administrators at 1-800-383-1623.

Fawn has been part of the Advantage Administrators team for many years. Learn directly from Fawn how her Health Savings ...
06/18/2026

Fawn has been part of the Advantage Administrators team for many years. Learn directly from Fawn how her Health Savings Account has benefited her life by visiting https://youtu.be/_s45v4g23AY.

Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.

Summer is here and there are a few summer items that your HSA can help you save on! These items include allergy relief s...
06/11/2026

Summer is here and there are a few summer items that your HSA can help you save on! These items include allergy relief such as nasal sprays, sinus rinses and eye drops, skin care such as sunscreen, sunburn creams, lip balms and anti-itch creams, first aid, childcare and more.

Although high-deductible health plans (HDHPs) can sound intimidating, they can be part of a benefits plan pair that can ...
06/04/2026

Although high-deductible health plans (HDHPs) can sound intimidating, they can be part of a benefits plan pair that can have a significant impact on retirement savings. By coupling an HDHP with a health savings account (HSA), you can set aside pre-tax earnings to pay for healthcare costs now or save it for retirement later.

We want to congratulate Amanda on her three-year work anniversary! Thank you for your hard work these last three years!
06/01/2026

We want to congratulate Amanda on her three-year work anniversary! Thank you for your hard work these last three years!

“High-performing companies should be striving to create a great place for great people to do great work.” -Marilyn Carls...
05/26/2026

“High-performing companies should be striving to create a great place for great people to do great work.” -Marilyn Carlson

Over 40% of workers say that their company loyalty would increase if their benefit options were customized to meet their...
05/21/2026

Over 40% of workers say that their company loyalty would increase if their benefit options were customized to meet their individual needs.

Source: United Insurance Agency

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

Alerts

Be the first to know and let us send you an email when Advantage Administrators posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Share