Magii Pension Services LLC

Financial ServicesNew York, United States2-10 Employees

Magii Pension Services LLC operates in the financial services sector as a third party administrator (TPA) for 401(k) retirement plans. The company’s services center on managing day-to-day plan operations, including plan documentation updates, participant statements, distribution processing, loan paperwork, annual compliance testing, contribution allocation, vesting calculations, and the preparation of required IRS and DOL reports. By handling these tasks, the firm aims to help plan sponsors maintain qualified status with the IRS and reduce the administrative burden they face, supporting employers in recruiting, rewarding, and retaining employees. The organization positions itself as a fiduciary-assisted service provider, emphasizing plan design and ongoing compliance as core offerings. Magii Pension Services is based in Hauppauge, New York, and operates with a small team. The information provided does not indicate the founding date, but places the company in the broader context of the retirement plan administration landscape, alongside larger industry players.

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