Your 1st Source Business Retirement plan team will:

  • Serve as a fiduciary trustee to your plan and provide a detailed annual review of your plan to help you meet the required fiduciary responsibilities as a plan sponsor.
  • Provide full administrative services for your plan, including daily record-keeping, reporting, and support.
  • Provide introductory and ongoing training and support such as easy-to-understand statements, daily visibility with online transaction access, and a toll-free support line
  • Complete annual testing to ensure your plan remains in compliance with the Employee Retirement Income Security Act (ERISA)Department of Labor (DOL) and the IRS

 

Want to know more? Let us reach out you.

Please note that the retirement plans we offer are not deposits or obligations of the financial institution, may lose value, are not insured by the Federal Deposit Insurance Corporation (FDIC) or any other agency or instrumentality of the federal government, and are not guaranteed by the financial institution.