Pension & 401(k)

Corporate as well as individual pension and 401(k) plan sponsors throughout the United States rely on the consultants at Heartland Bank Financial Security Group to address these critical issues:

  • Qualified plan design
    Making the maximum contribution available to you and your employees.
  • Investment quality
    Recommending more than 500 funds from various fund families selected for performance and the highest Morningstar® rating in the industry. Brokerage option is available for purchase of any kind of security.
  • Plan costs
    Finding the most competitively priced programs with low-cost fund management and administrative fees.
  • Participant investment advice
    Offering managed accounts and free online advice available to all participants in the plan to maximize investment returns and minimize risk.
  • Fiduciary responsibilities
    Providing investment platforms from carriers who offer fiduciary protection for plan sponsors regarding all investment selections, monitoring and reporting required by law.

Retirement Plan Administration

Heartland Bank Financial Security Group can assist you and your retirement plan advisors with the entire scope of qualified retirement plans now available, including:

  • 401(k) plans
  • Safe Harbor 401(k) plans
  • Roth 401(k) plans
  • Age-weighted profit sharing plans
  • Cross-tested profit sharing plans
  • 457(b) governmental plans
  • 403(b) plans
  • Defined benefit plans

Our administration and compliance services include:

  • All administrative issues pertaining to the plan, including plan design
  • Maintaining historical data for the plan
  • Coordinating transfer of assets
  • Reviewing census and monitoring eligible employees
  • Calculation of vested benefits
  • Allocation of annual profit sharing contribution
  • Safe Harbor annual calculation
  • Maintaining plan document
  • ADP and ACP testing of plan contributions at plan’s year end
  • Annual additions, top-heavy and coverage testing
  • Compliance testing
  • Preparation of signature-ready Form 5500
  • Preparation of Summary Annual Report
  • Actuarial valuations and certifications
  • Ongoing consulting

For more information, call 314.512.8861 or 800.303.401k.