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FINANCIAL_SERVICESRECOMMENDED

Cliffside Park Board of Education Reorganization Agenda May 2026

PenServ to Administer District 403b and 457 Plans

no costCliffside Park School DistrictPENSERV PLAN SERVICES INCMay 5, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Cliffside Park Board of Education plans to appoint PenServ Plan Services, Inc. as Third Party Administrator for its 403b and 457 retirement plans at no cost for the 2026-2027 school year. The agreement covers administration of employee tax-sheltered annuity and deferred compensation programs.

Contract Details

Contract Amount

no cost

Vendor

PENSERV PLAN SERVICES INC

Agency

Cliffside Park School District, NJ

Contract Type

FINANCIAL_SERVICES

Document Date

May 5, 2026

Contract Term

2026-2027 school year

Renewal Date

2027-06-30

Renewal Info

Intended as a one-year appointment for 2026-2027; future renewals subject to board action.

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