401(k) Retirement Plans
Sponsoring an employee retirement plan is an enormous responsibility. Plan rules are complex, and company oversight standards are high. If you are a business owner or defined contribution plan administrator, you need to know answers to these important questions:
- Do you know what's in your retirement plan?
- Are you comfortable with how your retirement plan investment options are performing?
- Do you understand your key responsibilities and potential liabilities as a defined contribution plan sponsor?
We provide many 401(k) retirement account plan services: design and consulting, investment consulting, plan administration and recordkeeping, and participant education. Our turnkey solution to 401(k) accounts relieves your administrative burden and allows you to delegate most of your fiduciary responsibility. Retirement planning may not be one of your corporate core competencies, but it is one of ours.
We start by analyzing your current plan (if you have one) to provide a total cost benchmarking report -- fulfilling your obligation as a plan sponsor to review retirement plan expenses for reasonableness and mitigating your fiduciary risk. Then we'll review your current investment options to see how the plan assets are performing and if they're well-diversified. Finally, we’ll assess how any changes to the design of the plan may enable owners and other key employees to substantially increase the level of tax-deferred retirement savings allowed by the plan.
Your Investment Choices. Our Expertise.
We’re pleased to offer a retirement plan solution designed to help participants achieve better outcomes and encourage employee contributions. A 401(k) retirement plan from us offers an array of top-quality institutional investment products for your plan assets. Your participants get a menu of investment choices, including risk-based model portfolios that have been proven effective in achieving better outcomes. We emphasize low-cost investment options that seek to achieve better net returns. Finally, we provide employee education and engagement programs to increase participation, enhance decisions, and raise appreciation for the plan.
Retirement planning for your team is our team’s specialty. Let us put it to work for you.
Investment and insurance products are not FDIC-insured, are not a deposit or other obligation of, or guaranteed by the bank or an affiliate of the bank, are not insured by any federal government agency and are subject to investment risks, including possible loss of the principal amount invested.