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Bank of Marin’s Wealth Management group is pleased to offer business owners an outstanding array of retirement benefit plan options through Pentegra Retirement Service™, a leading provider of retirement programs. A local Bank of Marin representative aligned with a Pentegra specialist will personally handle each plan to ensure success by optimizing results at the lowest possible cost to our clients.
Our program offers a variety of investment choices through the extensive list of low-cost index funds managed by Barclays Global Investors that includes: domestic and international equities, fixed income indexes and REITs. Plus you have the option of adding company stock. Integrated in each 401(k) program are ongoing administration and recordkeeping, government filings and reporting, investment management, and trustee and consulting services. Account access is provided via live voice, voice response, or online through the Bank of Marin website. Customized communication materials are also available.
For public sector employees, this flexible deferred compensation plan helps build retirement savings and reduce taxes.
Different from most defined contribution plans, this is an easy way to provide employees with annual retirement benefits with predictable employer costs.
Pension plan contributions are invested in a well-balanced portfolio consisting primarily of fixed income and equity investments. We'll make sure your company is well positioned to ensure current and future benefits.
A complete package of Employee Stock Ownership Plan (ESOP) administrative services is readily available, including consultants, attorneys, administrators, and systems professionals who ensure your plan is administered in a timely and accurate manner. ESOP services include plan administration and recordkeeping, census reporting, share and dividend allocation, data reconciliation, non-discrimination testing, IRS form 5500 packages, annual employee benefit statements, plan sponsor level reporting, and proxy labels.
To learn more, please contact our Wealth Management Group
at 415-927-8900.
In partnership with Pentegra Retirement Service™.
Employee retirement plans are not deposits, not FDIC insured, not insured by any government agency, not guaranteed by Bank of Marin, and may go down in value.
Wealth Management products are not deposits, not FDIC insured, not insured by any government agency,
not guaranteed by Bank of Marin, and may go down in value.
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