About Bill

Background

A 1977 Graduate of The University of Florida, Bill has spent his entire career in the field of Employee Benefits. First Job 1977, Travelers Insurance Co., Group and Pension Sales. Marketed Group Medical and Retirement Plans to corporations with over 1,000 employees. Recruited to Blue Cross to manage the west coast of Florida with 4 offices from Tampa to Naples FL. Product lines included; Group Medical, Dental and Group Life Insurance and Supervised local Medicare employees. Recruited in 1984 to help found Florida office of Mercer Consulting, Largest Actuarial consulting firm in world. Procured clients including; Southeast Toyota, Eastern Airlines, Eckerd Drugs, Publix foods. 1986, Left Mercer to start own administration firm, business was purchased by Dun and Bradstreet in 1988, built firm from 1,000 plans 22 employees to 19,000 plans and 750 employees with 15 offices becoming the largest Independent TPA in the Nation, bought company back with venture capital partner, sold to First Data Corporation 24 months later. During that time, purchased and beta tested 5 major daily record-keeping systems, developed over 20 national 401k platforms for Insurance companies and Mutual Fund complexes including Legg Mason, Aetna, Kemper, Merrill Lynch, Northwestern Mutual, Paine Webber, US Trust, and  Raymond James 

Penservco, Inc

Bill founded PENSERVCO in 2000. Bill is knowledgeable in DB, Profit Sharing, 401k, 403b, and Medical plan administration including Cafeteria Plan administration, 125 Plans, HSA’s, HRA’s FSA’s etc. 

Pet Peaves

Slow drivers on the road and the golf course.

Loves

Family, golf, exercise enthusiast, golf, people who play golf. 

Skills

Cat hearding

Historical highlights

 

  • Charles Schwab 401k Board.
  • SPARK, (Society of Administrators and Recordkeepers) Bob Wolfing, Steering Committee 8 Years, directed annual Golf  tournament 5 years at the Breakers in West Palm Beach.
  • Member, ASPA, American Society of Pension Actuaries, American Marketing Association.
  • Consultant to Winn Cody, Founder of Expert Plan, Plan Design and features of new Open Architecture recordkeeping system.
  • AIF, Accredited Investment Fiduciary, Issued Certificate #146, Passed test in 2004.
  • PPC, Professional Plan Consultant,  Fiduciary Training Designation for Retirement Plans.
  • Guest Speaker at several National Retirement Plan Conventions, including SPARK, and CFDD Insurance companies,  and CPA events.