Retirement Benefit Plan
Our 401(k) program combines high, quality face to face service with unique solutions. You have one point of contact here at Merchants Bank. Personalized service, not call centers. We conduct on-site enrollment meetings as well as ongoing employee education. Our fees are transparent and fair (no hidden fees).
The investment options are hand selected from a broad universe of funds (no bundled product). In addition to individual investment options, we have created custom asset allocation portfolios with professional oversight. These portfolios help participants arrive at a proper asset allocation for themselves when they might be overwhelmed by the decisions involved in constructing their own portfolio from the self-directed options. This design should increase employee participation and improve upon individual asset allocation.
We offer professional recordkeeping, 5500 compliance testing as well as professional investment management, utilizing the experts at AlphaMark, Charles Schwab & Co. and Retirement Direct.
NOT GUARANTEED BY THE BANK ǀ NOT FDIC INSURED ǀ NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY ǀ NOT A DEPOSIT ǀ MAY LOSE VALUE