Executives expect more than salary alone. Supplemental Executive Retirement Plans (SERPs) fill the gap by providing long-term retirement income and retention incentives. Learn how SERPs complement executive bonus plans, key person insurance, and buy-sell agreements to create a complete executive benefit strategy.
A smart way to reward your top leaders without touching their salary—and help them save for retirement.
A SERP is a non-qualified, deferred-compensation plan designed specifically for key executives. Unlike standard plans such as 401(k)s, this is confidential, customizable, and funded by the company—often through life insurance or cash reserves—so executive-level benefits accumulate while deferring tax until payout.
Plan Agreement
A formal agreement defines who is covered, eligibility criteria, vesting schedule, and benefit structure.
Funding Vehicle
Typically funded through corporate-owned life insurance (COLI) or cash reserves.
Administration & Execution
We handle the documentation, funding strategy, and ongoing plan reviews.
For the Company
You gain a flexible tool that reinforces loyalty, attracts top talent, and keeps compensation competitive.
For the Executive
A tailored benefit that grows tax-deferred, avoids early withdrawal penalties, and provides a financial safety net.
If you’re ready to explore or refine a SERP:
Want deeper insights? Read our guide on How SERPs Complement Executive Benefit Plans, or schedule a free strategy review to explore if a SERP fits your leadership compensation mix.