Mavericus Retirement Services

Mavericus provides third-party administration (TPA) services for qualified retirement plans. This typically includes plan design, annual compliance testing, IRS Form 5500 preparation, and plan document restatements. The firm likely supports 401(k), cash-balance, and profit-sharing plans for small to mid-sized employers.

Small independent TPAs like Mavericus generally do not hold discretionary authority over plan assets. More commonly, the firm acts as a non-discretionary consultant or ERISA 3(21) fiduciary, advising plan sponsors on investment-menu construction and fee benchmarking without directly managing the funds.

The firm operates on a fee-for-service model, charging per plan or per participant rather than taking an asset-based fee. This unbundled approach is common among independent TPAs and tends to attract cost-conscious sponsors who want to control administrative expenses separately from investment management costs.

The firm targets small to mid-sized businesses, with a focus on professional services firms and owner-operated companies. These are employers looking for custom plan designs — such as cross-tested plans favoring key employees — that are not easily accommodated by bundled, mass-market providers.

There is no public record of an affiliation with a wealth manager, payroll provider, or private equity sponsor. This independence is a structural feature that allows the firm to pair with any recordkeeper and any financial advisor, avoiding the captive-platform constraints common among national payroll-401(k) bundlers.