Pentegra retirement services retirement plan solutions

PENTEGRA RETIREMENT SERVICES

PLAN SOLUTIONS

Building a secure future for you and your employees

If you are a business owner, you are part of the

retirement plan industry

The decisions you make now can help create a secure future for you and your employees.

With careful planning and smart management, your benefit plan will grow. Your dreams, and those of your employees can too.

But where to begin? First International Bank & Trust simplifies your fiduciary role with an array of services, plus easy-to-use tools and high- performing investment options. Not only that, you’re always backed by the knowledgeable Retirement Plan Solutions team—so you can manage your company’s retirement plan like an expert.

With help from First International Bank & Trust, you’ll build a better benefit for your employees, and you’ll deliver it with less work. That frees you up to focus on your core business.

RETIREMENT PLAN SOLUTION Everything you need to organize your life as a plan sponsor and fiduciary—in one place.

Consultation We provide access to consultative expertise including Employee Retirement Income Security Act (ERISA) attorneys, Certified Public Accountants (CPAs), actuaries and document services.

Plan design We don’t believe in one-size-fits-all retirement plans. We go beyond traditional design to develop a plan that fits your unique business goals and objectives.

Fiduciary protection plan We provide a fiduciary planning process guide to help plan sponsors understand their fiduciary roles and responsibilities. This helps you comply with regulations and better meet plan participant expectations.

Best-in-class investment options We offer true, open architecture and product diversity across nonproprietary institutional and retail mutual funds, Exchange Traded Funds (ETFs), self-directed brokerage accounts and other non-traditional investments such as company stock.

Financial management We work directly with you to understand and control costs. This benefits both the plan sponsor and the participants.

One seamless platform Today’s organizations, large or small, demand a turnkey solution for their retirement plan needs, and you should too. FIB&T can offer your organization a full range of services, support and features. Whether you need them today or tomorrow, it is good to know you are partnering with a firm who can deliver what you want, when you want it.

SIMPLIFY YOUR COMPANY’S RETIREMENT BENEFIT Many of our customers find themselves in retirement plans with numerous other employee groups. Naturally, the investment goals and interests vary from group to group. Matters become more complex when multiple divisions and employees are spread across the country, or when just a few are making the decisions for all.

Pentegra Retirement Services ensures a smoother plan experience. Our services and tools bring together everything related to retirement plan solutions under one roof.

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Plan Design

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Trustee Services

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Best-In-Class Investments

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Recordkeeping and Administration

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Compliance Reporting

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Personal and Electronic Education

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Cost Analysis

Whether you have multiple locations, or just one, our online tools put everything you need at your fingertips.

FIDUCIARY PLANNING PROCESS You know that your retirement plan is a critical benefit that can help your company attract and retain employees. Your plan must meet the expectations of plan participants, and, of course, it must comply with regulations.

That’s why Pentegra Retirement Services incorporates a strong, yet simple, fiduciary planning process that includes:

1. Review and document fiduciary goals

2. Understand your role as a fiduciary

3. Review the past year’s committee minutes, your investment policy statement and existing committee charter and bylaws

4. Develop a fiduciary calendar for the coming year

5. Monitor investments and key fiduciary activities with a checklist to ensure your

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fiduciary house is in order

Annual checklist for fiduciaries When you’re a fiduciary, there are a lot of responsibilities and actions to accomplish each year.

Our easy-to-use tools, and an annual checklist, help to ensure you are on track with your plan.

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Fiduciary Governance

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Regulatory Compliance

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Investment Oversight Process

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Fiduciary Insurance & Bonds

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Fiduciary Records Management & Documentation Participant Communications

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Service Providers Fees & Services Review

Your annual checklist is reviewed in committee meetings to keep everyone up-to-date on requirements.

ESTABLISH FIDUCIARY COMMITTEE GOALS When setting goals for the coming year, you can’t only carry out documents and instruments that govern your plan. You must act in the best interest of plan participants, with care, skill, prudence and diligence. That means avoiding prohibited transactions, diversifying plan investment options to minimize the risk of large losses, as well as maintaining necessary insurance coverage and understanding penalties for fiduciary breach.

We can help you set goals that reflect key categories you should consider:

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Fiduciary roles and responsibilities

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Fiduciary governance

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Investment oversight

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Participant communications

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Fee and service reviews

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Regulatory updates

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New tools and resources

CREATING YOUR FIDUCIARY CALENDAR To monitor your investments we’ll help you develop a fiduciary calendar, that carefully maps out when to carry out key actions throughout the year, such as:

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Creating an IPS Creating an investment monitoring process Choosing asset classes and funds to be offered by the plan Monitoring fees for reasonableness Staying on track with an Annual Fiduciary Checklist

MANAGE YOUR ACCOUNTS Your investment is ready and waiting for you. You control your future:

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Payroll deduct into your account Invest into one investment portfolio or divide among multiple investment options Transfer funds at your discretion Monitor your account 24/7 online or via VRU Select distribution options at retirement

THINKING BEYOND THE RETIREMENT PLAN Designing the right strategy for you We’re committed to educating, guiding and offering you a secure retirement plan environment. Once you’re comfortable with the process, consider how to make the nest eggs work harder. To facilitate your long-term success, we can help you

Planning

build a strategy that includes:

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Accumulation of Wealth Preservation of Wealth

Preservation of Wealth

Transfer Planning

So dream big. We’ll give you the structure you need to make an impact, now and in the future.

Accumulation of Wealth

2 Enterprise Drive, Suite 408, Shelton, CT 06484-4694

800•872•3473 tel 203•925•0674 fax

www.pentegra.com