Industry: Social Services

Standard Pension Services LLC provides specialized retirement plan consulting and administrative services with a focus on supporting organizations in planning for financial security during later stages of life—a key aspect within the broader scope of social services. The company partners closely with businesses, nonprofit institutions, and individuals to design, implement, and manage defined contribution and defined benefit retirement plans that promote long-term financial well-being. While primarily recognized for its pension expertise, its role also supports the social services domain by enabling employers to offer stable and compliant retirement benefits to their workforce, a crucial factor in holistic workforce support and employee welfare.

Their tailored approach includes working closely with plan sponsors to develop retirement solutions that address unique organizational needs while remaining fully compliant with IRS and Department of Labor regulations. By simplifying complex administrative tasks and providing ongoing plan management, Standard Pension Services helps ensure individuals’ access to sustainable retirement income. A notable feature is their emphasis on hands-on client service and their commitment to education and transparency throughout the plan lifecycle.

Key Services:

– Retirement plan design and consulting
– Third-party administration for defined benefit and defined contribution plans
– Compliance testing and government reporting
– Actuarial services for pension plans
– Participant recordkeeping and plan documentation
– Assistance with ERISA and IRS regulatory compliance
– Plan termination and transition support
– Fiduciary support and advisory coordination