Madison Pension Services, Inc.

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2500 Westchester Ave., Suite 106
Purchase, NY 10577
About Madison Pension Services, Inc.
  • Madison helps companies implement and run successful retirement plans. We are the premier benefits consulting firm in the Tri-State area servicing small and mid-sized companies. Our pension practice is managed by a team of dedicated professionals and actuaries. We are a clear leader in our market, having handled an unrivaled number of complex as well as high profile plans.

    Today, our team serves approximately 400 clients with plan assets in excess of $400 million.
    Our experience and expertise includes all forms of qualified and non-qualified retirement plans, including various types of defined benefit plans, cash balance plans, defined contribution plans such as…401(k) plans, 403(b) plans, profit sharing plans, ESOPs, cross-tested plans, and plans with a Roth 401(k) component.

    We achieve a seamless investment interface through the alliances that we have formed with many of the major investment service firms like John Hancock, Lincoln Financial and Fidelity. Over the years, we have repeatedly found that our strong alliances have allowed us to consistently provide the level of service that our clients expect. We select these service providers and investment institutions for their expertise and reactivity. Unlike many of our competitors, we have formed seamless information exchange systems with various investment institutions and are able to provide faster and more accurate results.
Competitors of Madison Pension Services, Inc.
  • Benefit Planning Consultants, Inc.

    BPC offers a comprehensive COBRA Administration service that includes dedicated customer service representatives knowledgeable in COBRA legislation, monitoring deadlines, meeting COBRA compliance regulations and thorough documentation of COBRA notices.  BPC is committed to helping Employers... Read More

    TriCore is a new-generation provider of comprehensive employment-related administrative services, including employee benefits management, payroll administration, HR information management, workforce management, applicant tracking and onboarding, and HR consulting. For HR managers plagued by... Read More
  • AdminiSMART

    AdminiSMART is something new. We do not "sell" anything. We are not a PEO or ASO. We do not directly provide payroll, HR, benefits, unemployment cost control, or any of the services relating to Human Resources Outsourcing. Instead, we listen, assess your needs, and, based on those needs,... Read More
Products by Madison Pension Services, Inc.
  • Plan Design & Implementation

    The three principal categories of work to be performed in this phase are the preparation of plan documents, the setup and coordination with the financial institution where your money will be invested, and the education of both your human resource department as well as your employees who will be... Read more
  • Defined Benefit Plans, Cash Balance Plans, 412(i) Plans

    We believe that our experience with small, mid-sized, and large companies is without rival. This is evident in the number of plans that we handle, as well as the importance and complexity of these plans. A DEFINED BENEFIT PLAN promises to pay a specified benefit at future retirement to... Read more
  • Defined Contribution Plans: 401(k), Profit Sharing, 403(b), Safe Harbor, Cross-Tested

    One of the most popular types of pension plans today is the 401(k) PLAN. More and more plan sponsors are recognizing the role 401(k) plans can play in meeting employees’ retirement needs. A 401(k) plan is a type of Defined Contribution Retirement Plan that enables employees to make contributions... Read more
White Papers by Madison Pension Services, Inc.
  • What People Fear the Most By

    When I looked at various top ten lists of what people fear the most, public speaking was invariably number one. Also making the top ten list was a fear of heights, flying, snakes, spiders, zombies and clowns. But I noticed that a new fear had emerged. And as baby boomers age out of the work... Read more
  • What are the three most common errors that CPAs find when they conduct plan audits? By

    CPAs are tasked with auditing plans that (generally) have more than 100 participants. So they get to see just about everything – the good, the bad and the ugly. Auditors test a sample of the Plan Sponsor’s employee population when auditing a plan. Once they discover an error, they must determine... Read more
  • The (Potential) Dark Side to 401(k) Auto Enrollment - The Participants Seem to Take on More Debt By

    Auto-enrollment has resulted in millions of people who were not previously putting savings into their company’s 401(k) plan, now actively participating in it. That is a good thing. However according to a recent article in the Wall Street Journal, many of these workers seem to be offsetting those... Read more