Omega Pensions, Inc.

President

(216) 348-8082
bmcnamara@omegapensions.com

Our Company

Omega Pensions, Inc. offers all-encompassing Third Party Administration (TPA) services for qualified retirement plans. We have been doing these types of services for over 32 years. Our employees tend to be long term employees who work closely with your company's human resource department and/or financial officers. Hands on administration is our key to success making your job easier. 

We handle all aspects of your retirement plan beginning with the plan design and plan document preparation. Our expertise comes in matching your plan size and demographics to the proper plan custodian whether that is direct with a mutual fund company, group annuity or open architecture environment. Omega Pensions will then handle all the compliance testing and even help you file the IRS Form 5500 directly online with the IRS. We also work closely with your firms auditors in preparation of the plan's certified plan audit. 

We also are experts in plan transitions and employer takeover plans. We typically are involved in the employee communication of the plan features, investment choices, and education. 

Our Commitment

We stand behind our work and provide all the necessary information in the case of a DOL or IRS audit of the plan, 

Our Principle

Quality services at a fair price. We aim to make your retirement plan the best it can be using our knowledge of all the products available in our industry along with our expertise in plan administration and communication.