How can we help you?
401k/Defined Contribution Plans
401(k) plans have become a key benefit in a company's efforts to hire and retain qualified employees. Bank of Ann Arbor will work with your company to design and administer a plan that is attractive to potential employees and meets the needs of your existing employee base.If you are in the process of reviewing an existing retirement plan or are considering implementing a new plan, give Eric Helber a call at (734) 327-1127. We offer the following services:
- Evaluate your plan's investment policies and key fiduciary responsibilities.
- Compare your current investment options with benchmarks and the industry as a whole and suggest potential alternatives. Bank of Ann Arbor has significant resources including two full time portfolio managers with over 50 years of experience managing investments for corporations and individuals.
- Examine your plan's recordkeeping services and expenses. We are not tied to one specific service provider and will help you understand service options and the expenses that are associated to those services.
- Guide you through plan compliance and discrimination testing.
- Help you to determine if there is a better way to deliver employee education and communication. If your employees need assistance before or after our employee communication meetings, they can visit our office.
- We offer face-to-face support to our clients. As a plan sponsor, if your Human Resource and Finance Departments need support with administrative and operational issues we will guide you through your options. We value personal relationships with our clients and are here to help.
