At PenSys, we believe that your qualified retirement plan should be as unique as your business. While most bundled providers offer a "one size fits all" approach, our employer-sponsored retirement plans are tailored to current demographics, tax objectives, and owners' goals.
Since 1995, PenSys has been serving the retirement plan needs of businesses of all
shapes and sizes, from solo ventures to businesses with thousands of employees.
Self-employed individuals are just as anxious about saving for retirement as those who own larger businesses. PenSys works with hundreds of owner-only businesses to create just the right program for each individual.
Successful self-employed persons will want to consider the benefits of an owner only 401(k) or owner only defined benefit plan. Those
who want to maximize their tax benefits
and retirement savings may find that an
owner DB(k) meets their goals best.
Small business owners are concerned with providing retirement benefits for themselves and their employees. A small business owner must weigh the cost of establishing a retirement plan, the cost of providing additional benefits for employees, and the burden of maintaining the plan. Since 1995, PenSys has designed perfectly suited employer-sponsored retirement plans for thousands of small businesses. Our personal approach to service has relieved the burden
of maintaining plans for owners of small businesses year in and year out.
Small business owners will want to consider the benefits of 401(k), safe harbor 401(k),
and class allocation plans. Those who want to maximize their tax savings and retirement accumulations will want to consider the
tiered defined benefit plan or cash
balance defined benefit plan.
Employing between fifty and one thousand employees, owners of mid sized businesses often find that their companies' growth potentials are only as good as their employees. Sponsoring qualified retirement plans can help mid sized businesses attract and retain the best employees in the market. Our Design Consultants have experience with designing employer sponsored retirement plans for mid sized businesses that can provide
valuable employee incentives without becoming administrative burdens for
Owners of mid sized businesses will want to consider the benefits of 401(k) plans with
auto pilot features.