You need to use GRANT AUTHORITY on the admin account after you create it to
give it whatever priv's you want it to have.. note the true admin account's
details compared to your own below (no system privilege):

tsm: SERVER1>q admin admin f=d

        Administrator Name: ADMIN
     Last Access Date/Time: 05/10/02   23:51:18
    Days Since Last Access: <1
    Password Set Date/Time: 04/19/02   02:51:41
   Days Since Password Set: 21
     Invalid Sign-on Count: 0
                   Locked?: No
                   Contact:
          System Privilege: Yes
          Policy Privilege: ** Included with system privilege **
         Storage Privilege: ** Included with system privilege **
         Analyst Privilege: ** Included with system privilege **
        Operator Privilege: ** Included with system privilege **
   Client Access Privilege: ** Included with system privilege **
    Client Owner Privilege: ** Included with system privilege **
    Registration Date/Time: 04/19/02   02:51:41
 Registering Administrator: SERVER_CONSOLE
          Managing profile:
Password Expiration Period:


tsm: SERVER1>

Regards,

Gerald Wichmann
Senior Systems Development Engineer
Zantaz, Inc.
925.598.3099 (w)