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
06/16/2026
Struggling to find and retain talent? It could be because of your employee benefits. Learn all about the most desirable employee benefits from the Harvard Business Review by visiting https://hbr.org/2017/02/the-most-desirable-employee-benefits/.
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.
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.
06/01/2026
We want to congratulate Amanda on her three-year work anniversary! Thank you for your hard work these last three years!
05/26/2026
“High-performing companies should be striving to create a great place for great people to do great work.” -Marilyn Carlson
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
05/19/2026
When making a claim with your HSA or FSA, the claim will need to be approved to ensure that it is an eligible expense. Check out a few tips to make sure your claim gets approved by visiting https://advantageadmin.com/tips-to-get-your-claim-approved/.
05/14/2026
What expenses can childcare benefits cover? They can cover expenses for home child care providers, dependent care centers, sick child facilities, adult elder care, after-school care, extended day programs and more!
05/12/2026
Are you thinking about enrolling in an FSA? Learn everything you need to know through Advantage Administrators’ Quickstart Guide by visiting https://advantageadmin.com/wpcontent/uploads/2018/10/WEX-Health-Cloud_Consumer-Portal-QuickStart-Guide-092418.pdf.
05/07/2026
A health savings account (HSA) or medical flexible spending account (FSA) can be used to purchase eligible expenses. The list of things that are eligible is sizable and growing. Learn about five surprising eligible expenses for your FSA or HSA by visiting https://advantageadmin.com/5-surprising-eligible-expenses-for-your-hsa-and-fsa/.
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Telephone
Website
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 |