As a financial professional, you value the importance of having a balanced selection of institutional quality mutual funds for your 403(b) or 457(b) clients. Coordinating the right components for your clients can be complex and time consuming.
- Choice of Funds Account Options
- Plan Information Access 24/7
- Wide Selection of Plan Features
The All-In-One Solution for 403(b) and 457(b) Plans.
Streamline Services and Management
PenselectSM is a single integrated 403(b) and 457(b) plan solution that brings together all the service components necessary for your retirement plan and reduces the burdens of plan management, compliance with all federal regulations for you and your participants.
- Monitoring Daily Account Activities
- Compliance with Federal & Plan Regulations
- Maintain Participant In Plan Sponsor Web Portal
- Multi-lingual Service Representatives
- Account Maintenance
- Electronic Statements and Notices
- Transaction Processing
Support Participants with:
- Education & Enrollment Assistance
- Communication of Benefit Options
- Retirement Planning
- Investment Strategies Investment
- Assistance with Plan & Website Operations
- Selection & Monitoring of Available Investment Options
- Fund Custody
- Control & Management of Plan Assets
- Ongoing Investment Fiduciary Oversight
- Reconciliation of Mutual Fund Accounts
- Trading & Settlement of Participant-Directed Transactions
Enhanced Features For Your Clients
Recordkeeping with Expanded Options For Information
Flexible Product options
Custody and Investments by Matrix Trust
Funds List Selected By Investment Professional
Access & Manage from Desktop or Mobile devices
Plan Support for Sponsors and Participants by PenServ
Want To Know More?
Call PenServ at 803.354.5084
Retirement Plans Easily Managed
The Penselect Plan Dashboard is an efficient and easy to use tool for managing your retirement plan. It provides an overview of your Plan Balance by investment or by source, Payroll Contributions, Plan Activity, and Employee Participation.
The Penselect Plan Dashboard gives you the ability to access:
Plan Balance & Investments
View plan balances by investment or source and investments information with investment source quick links.
Forms & Documents
Manage forms including plan notices, general and administrative forms, and plan documents.
Reports & Statements
View plan reports, as well as, create custom reports by selection, division and dates.
- Investment Information & Returns
- Employee Census
- Plan Reports & Custom Reports
- Plan Forms & Documents
- Payroll / Non-Payroll Uploads
- Transaction History
Using the Penselect Plan Dashboard, Participants will find managing their account is easier than imagined.
A better management experience for participants leads to increased activity and participation.
Participants Manage Their Account When and Wherever It's Convenient
- Online Enrollment
- Account Access 24/7
- Plan Education Provided
- Access To Plan Documents
- Manage Contributions
- Loan Requests
- Automatic Rebalancing
- Investments & Distributions
- Generate Custom Reports
- View Personal Rate of Return
Services You Can Trust
- 30+ Years Proven Experience
- Assists 6,000+ Employers
- 125,000+ Payrolls Processed Annually
- Manage Plans with 100 to 18,000 Participants
For more than 30 years, PenServ Plan Services has provided recordkeeping, administrative and consulting services to employers, employees and financial institutions, working closely with financial advisors to ensure compliance for governmental 403(b) and 457(b) accounts.
Request a Plan Estimate, or call the PenServ Sales Team for more information at 803.354.5061