LionBank Advantage Retirement Services
Offering a retirement savings plan to your employees is an essential benefit that aids retention while helping employees take an active role in planning and providing for their future. It’s important that your plan is easy to use and navigate as well as for you to manage. Fidelity Bank Wealth Management is proud to offer LionBank Advantage Retirement Services to ensure your business is positioned to meet your employees’ needs.
Why Fidelity Bank Wealth Management
We understand retirement plan administration is complex and ever changing.
With so much at stake, it’s especially important to choose the right company for your plan; one whose perspective and standards mirror your own.
The Right Plan for Your Company
Through careful, proactive review of the retirement needs for your company, we design the best plan to help you and your employees save for retirement.
Retirement Plan Experts
We use a detailed approach to ensure your plan is current with all legislative and regulatory updates. Plan amendments, plan design features and communications are timely and accurate.
Unrivaled Personal Service and Innovative Technology
We pride ourselves in close, personal attention to all our clients. Utilizing the latest technology, your plan will run smoothly for your employees and you can access plan information via secure web portal.
From the initial consultation to the year-end compliance submission, we work closely with you and your staff to coordinate your plan’s administrative activities year-round at a highly competitive cost, and at a level that gives you peace of mind to concentrate on other pursuits.
• Safe Harbor 401K
• Profit Sharing
• Cash Balance
• ESOP/ KSOP
• Defined Benefits
What to Expect
We will monitor your retirement plan with respect to Employee Retirement Income Security Act (ERISA) regulations. Annual testing and reporting are part of our service. Should you have any issues, we offer a proactive consultative approach to solving any potential problems.
We work with major investment management firms to assure your employees have a diverse group of nationally recognized options across the entire investment discipline.
Participants are able to select from a series of model portfolios according to their risk
tolerance. These portfolios are actively managed by trained professionals. In keeping with
our standard of local service, we work hand-in-hand with some leading investment firms.
Our commitment is to provide quality and timely expertise.
We are committed to providing ongoing education to your participants as they make their
investment decisions. Through leading edge technology, we offer a variety of online planning tools and tailor presentations to your unique participant audience.
Financial products made available or recommended by Fidelity Bank that are not bank deposits are not insured by the FDIC; are not a deposit or other obligation of, or guaranteed by, Fidelity Bank; and are subject to investment risks, including possible loss of the principal amount invested.