The SERP is designed to supplement deferred compensation for employees who are defined by the IRS as highly compensated. The Plan is a 401(k) look-alike plan and is administered by Charles Schwab.

The maximum annual contribution is 85% of your income. Eligible participants are identified on an annual basis and enrollment/changes are allowed once per year in November for a January start date.

teamhealthresidents

Information and how to enroll in the Plan can be found in the enrollment guide below.

TeamHealth SERP enrollment guide

Open enrollment fund listing

If you choose to invest outside of the core TeamHealth index mutual funds in the SERP, you can set up a Personal Choice Retirement Account (PCRA). Information is below.

Take a few minutes to learn more about your retirement plan and the features available with a Schwab Retirement Plan Services, Inc. workshop. Visit the recorded virtual session at any time. Click HERE, insert the required information, and click Register.