A well-crafted retirement plan will help you attract and keep the sort of workforce your organization needs today and into the future. Choosing the right fiduciary partner will assure your plan is executed in a manner that benefits both your organization and plan participants through their retirement years. Our experts are with you every step of the way from understanding your goals to selecting prudent investments, providing fiduciary oversight, education, and plan administration.
Old National provides valuable financial consulting to your plan participants through customized education programs including: enrollment, the importance of employee participation; the importance of increasing 401(k) contributions, pre-retiree seminars, basic financial planning, basic investment knowledge, investment information specific to your retirement plan, and current economic updates.
Plan sponsors have unlimited fiduciary liability for their qualified retirement plan and participants. Old National will act in a fiduciary capacity and acknowledge our role in writing for our ERISA and non-ERISA retirement plan services.
We assist in the development of an investment policy statement to provide guidelines for the investment management decisions of your qualified retirement plan. Our fiduciary responsibility includes selecting a broad range of investment options for your employees. We carefully select best in class mutual funds through our dedicated screening process, continue to monitor the investment fund menu, and make recommendations to your investment committee on an ongoing basis. We can act as either a 3(21) or 3(38) investment advisor.
We continuously examine a variety of factors, including your company’s goals and objectives, the specific needs of your employee base, current plan features, and overall management fees. With this process we gain a thorough understanding of your company’s needs and work to identify a solution that best meets the challenges of your retirement plan benefit program.
Other products and services offered by Old National Wealth Management.
