Summit Board of Education Agenda 2026-05-12
PenServ Reappointed Third Party Retirement Plan Administrator
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Description
The Board reappointed PenServ Plan Services, Inc. as third party administrator for the district’s 403(b) and 457(b) retirement plans for the 2026-2027 school year. Compensation terms are not stated in the agenda.
Contract Details
Vendor
PENSERV PLAN SERVICES INC
Agency
Summit Public School District, NJ
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
Contract Term
2026-2027 school year
Renewal Date
2027-06-30
Renewal Info
Annual TPA renewal for 403(b) and 457(b) plans for 2026-2027.
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