A structured 401(k) plan is an employer sponsored retirement plan (sometime referred as a defined contribution plan) and is designed to allow employees to set aside tax-deferred income for retirement purposes. The employee is permitted to deduct a regulated portion/amount from their pay check (usually occurring on each payroll period). In some cases, the employer will elect to match the employees’ contribution dollar for dollar or by some other determined benefit amount. About PENSERVCO - History
PENSERVCO is a third party administration firm that specializes in the administration of retirement plans including Profit Sharing plans and 401(k)s as well as in the administration of Defined Benefit plans and other related employee benefit plans.PENSERVCO has over 40 years of administration experience through the acquisition of Southeastern Pension Administrators, Inc. and Southeastern Actuarial Administration.PENSERVCO's corporate headquarters are located in Clearwater, Florida and services the entire US market.It has been our company's goal to provide "best of class" service to our clients and their retirement plans in all areas of administration. We strive to offer our clients the utmost satisfaction that our name has become synonymous with for the past 40 years.We take great pride in our employees, community and the company's achievements, which include the 2007 Top TPA Award presented by the 401(k) Wire. PENSERVCO, Inc. is also proud to be endorsed by the Florida Institute of CPAs.It's our primary mission to help clients achieve their unique retirement goals.
PENSERVCO, INC.


