Pentegra’s goal for 2014 is to help plan sponsors understand all of the
available automatic plan design features that are available to them and
to help them move in the direction of adopting an industry leading,
state of the art, best practices, 401(k) plan design.More...
Pentegra Retirement Services is NAFCU Services' Preferred Partner for qualified retirement plans for credit unions and their employees. With over 65 years of experience in managing retirement programs, Pentegra provides a diverse array of retirement products including 401(k), Defined Benefit Pension and Profit Sharing for community-based financial institutions nationwide.
An independent, not-for-profit cooperative, Pentegra manages over 2,500 retirement plans and more than $8 billion in retirement plan assets for community-based financial institutions and organizations nationwide. We’re focused on bringing value-added retirement plan capabilities to credit unions that are usually available only to large corporate and public retirement plans.
Pentegra’s retirement programs are designed to help credit unions improve retirement plan effectiveness, attract and retain quality employees and build a competitive advantage with unique retirement plan solutions designed exclusively for your industry. Pentegra offers the added advantage of more than 65 years of community-based financial institution retirement plan “best practices” and a user-board of directors comprised of clients—delivering a level of retirement plan oversight that is unmatched.
Pentegra’s retirement programs offer distinct advantages for credit unions, including Pentegra’s unique fiduciary role, which relieves credit unions and their boards of the fiduciary responsibilities associated with sponsoring a retirement plan.
401(k), Profit Sharing ServicesFull service defined contribution plan services including custom plan design, plan consulting, plan document services, administration and recordkeeping services, legal and compliance services, government filings and tax reporting investment management and trustee services, unique fiduciary services, plan education and communication services, including 24/7 account access.
Defined Benefit Pension Plan ServicesFull service pension plan services including custom plan design, plan consulting, plan document services, administration and recordkeeping services, actuarial services, legal and compliance services, investment management and trustee services, unique fiduciary services, plan education and communication services.
Private Label Retirement ProgramsFull service, fully branded private label retirement programs for credit union to offer their commercial customers with a highly customized platform that includes a broad array of services, the ability to support a wide range of plan types, a flexible investment platform and complete control over branding and distribution.
Solution BenefitsAs a Preferred Partner of NAFCU Services, Pentegra offers NAFCU members a full array of qualified retirement product offerings, industry expertise and credit union-focused solutions.
As a credit union retirement plan specialist, Pentegra offers free retirement plan evaluations for NAFCU members. Complimentary plan reviews include comprehensive fiduciary compliance and fee analysis along with peer reviews and benchmarking.
A new Pentegra Retirement Services survey, conducted online by Harris Interactive on its behalf in September 2012, revealed that nearly one-third (32%) of U.S. adults who would like to retire do not know if they will be able to retire or do not believe they will ever be able to retire. In addition only 19% -- nearly one in five adults -- said that they will be able to retire at age 65.
National retirement policy is becoming a topic of conversation not just in Washington but in boardrooms all over the U.S. and is shaping how credit unions structure and govern their retirement programs. View this recorded webinar to learn how to cut costs and improve retirement program results for your credit union!
The new Department of Labor fee
disclosure rules for retirement plans go into effect July 2012. Did you know you have legal obligation to review your current plan fees? Watch this recorded webinar to learn how and where to start, the different types of service
arrangements for retirement plans and the explanations of plan fees and
We’re big into energy conservation in my household, and it wasn’t until we began looking more seriously into why we were using so much electricity that we discovered the dark side of all those ‘instant on’ appliances and electronics. Plugged in all the time, they act like little energy vampires, sucking what is individually a small amount of electricity out of the grid for our convenience. Read more of this NAFCU Services Blog post.
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