What makes our approach to fiduciary responsibility unique?
Through our multiple employer programs, available exclusively
to financial institutions, the Pentegra Defined Benefit Plan for
Financial Institutions, a fully bundled defined benefit program, and
the Pentegra Defined Contribution Plan for Financial Institutions, a
fully bundled 401(k) and Profit Sharing program, we serve as the
ERISA-Named Plan Administrator and principle fiduciary--our President
and Board of Directors assume the full fiduciary liability and
responsibilities associated with running a retirement program.
For community based financial institutions, these programs offer
significant advantages--most notably, the opportunity to completely
outsource primary fiduciary responsibility for the management of your
retirement program.
As the principal ERISA-named fiduciary for over 500 clients
through our multiple employer programs, you can take comfort in knowing
that all of our single employer plans are managed and administered with
the same level of professionalism and expertise. In fact, our
single employer 401(k) and pension programs are modeled after our
multiple employer programs. We take the very same approach, assisting
you in prudently monitoring and documenting all decisions affecting
your plan, the investments, and following ERISA and its regulations
Clients come to us knowing that our policies, procedures and
business practices are conducted with the highest level of integrity.
Maybe that's why 97% of them stick with us.