PenServ designs and supports a variety of prototype plan documents with varying features from which the employer can choose. As a PenServ Plan User, your organization is assured that constant monitoring for compliance is in the hands of experienced professionals whose sole purpose is to provide the most accurate and timely plan amendments.

IRS-approved employer plans include:

• Prototype SIMPLE IRA Plan (includes options for both a DFI and Non-DFI)
• Prototype SEP Plan (includes permitted disparity formulas)
• Prototype SARSEP Plan for "grandfathered" employers
• SimplifiedPlus Prototype Money Purchase Plan designed for the small employer with employees
• SimplifiedPlus Prototype Profit Sharing Plan designed for the small employer with employees
• Expanded Prototype Money Purchase Plan for multiple participants (includes permitted disparity, loans and insurance provisions)
• Expanded Prototype Profit Sharing Plan for multiple participants (includes 401(k), loans and insurance provisions)
• Unlimited Prototype Money Purchase Plan designed for the larger employer that permits additional options not available on the expanded version
• Unlimited Prototype Profit Sharing Plan designed for the larger employer that permits additional options not available on the expanded version, such as point allocation and comparability formulas, more plan exclusions, etc.
• 401(a) Plans for Governmental Employers