An IRA Administrator is the person or company responsible for managing the day-to-day operations of an Individual Retirement Account (IRA). While the IRA custodian holds your account and reports to the IRS, the administrator handles the behind-the-scenes tasks—like keeping records, processing transactions, and making sure your account follows IRS rules. In some cases, especially with self-directed IRAs, the administrator may help with alternative investments like real estate or private companies, though they typically don’t give investment advice. Their role is to help ensure everything runs smoothly and stays compliant.