Downeast Pension Services (DPS) offers retirement plan administrative expertise for New England businesses.

Based in Maine, we guide local businesses towards the best retirement plan solutions and provide expert, worry-free retirement plan administration and compliance.

The DPS Difference:

We want every business, business owner, CPA and financial advisor that works with us to experience the DPS difference.

We Know Maine

We’re in Maine and we know Maine, and the businesses in the greater New England area. Wherever your business is located, Downeast Pension is ready to work with you.

"DPS is a fabulous company and I think you easily met the goal of being the best in the Northeast – not just in Maine... we look forward to continuing to work with the team." – DPS Client

Portland, Maine

Focusing on What is Right for Your Business

The DPS team are specialists in the administration of Defined Contribution (DC) Retirement Plans. We are focused on our strengths: custom plan design and plan administration.

Because we specialize in DC plans and are an independent Third Party Administrator (TPA), we can give unbiased plan advice without the client worrying that we are directing them towards a particular investment product or platform.

If we think a Defined Contribution plan is not right for your business, we won’t hesitate to recommend an expert provider that can help you explore an alternate retirement plan option, such as a SIMPLE, SEP or Defined Benefit plan.

DPS is focused on doing what is right for you and your business.

DPS is focused on doing what is right for you and your business.

Guiding your Business

DPS has a proven process that will guide you from the moment you sign on to work with us. We listen first, and advise second.

We employ steps that other TPAs may not, including:

  • Providing multiple customized illustrations to help arrive at the best plan design solution.
  • Reconciling the year-end census against the client’s payroll register data to make sure compensation is accurate for contribution allocations and testing.
  • Offering expert consulting to ensure your retirement plan changes as your business changes.
  • Employing independent checks and balances to ensure calculations are accurate.
Proven Process

Expert Customer Service for Every Plan

Downeast Pension Services is a relationship focused TPA. Our family of Maine based employees will work together with your team to service your plans.

Each business that works with us is assigned a dedicated DPS Plan Consultant as their key contact. Whether experience is gained through professional designation or many years in the industry, our consultants are qualified to lead your team and answer the questions you might have.

We can, and do consult with Plan Sponsors, Advisors and CPAs on plan design and compliance. Our goal is to go beyond merely ticking the boxes of being a TPA. Instead, the DPS team strives to be a resource partner to each business, that proactively guides your retirement plan to meet goals and stay on the right side of compliance.

Our goal is that every Plan Sponsor, Financial Advisor, and CPA that works with us knows that DPS is putting their plan first.

Customer Service

Keeping Your Business, Your Business

Downeast Pension Services cares about the security of your employees’ and company’s information. With our “new normal” requiring U.S. workers to transmit financial information using the internet, it is an unfortunate reality that our Personal Identifiable Information (PII) is increasingly vulnerable to fraud.

With over $6.7 trillion dollars in total assets invested in U.S. based Defined Contribution plans, the target is too large for fraudsters to ignore.

At DPS, we know that security of our clients’ PII must be our highest priority. DPS, as a subsidiary of a bank, follows stringent bank regulatory rules for transmitting PII, and thus DPS clients benefit from these security measures.

Learn more about our Security measures for PII

We Offer Consulting and Personalized Solutions

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