Employee Benefit Plans
At Croghan Colonial Bank, we take pride in the responsibility of managing your Employee Benefit Plans. Our partnership with BPAS, a trusted and proven benefits platform, allows us to offer retirement plans along with an added advantage—personalized financial wellness coaching for your employees.
Retirement Plan Design and Setup
We collaborate with you to design a plan that aligns with your business goals and objectives, creating a customized solution that meets your needs. Our team works directly with your HR department to implement or convert your current plan, making the transition seamless and straightforward.
Plan Management and Investment Guidance
We offer complete plan administration, recordkeeping, and compliance testing. As your plan’s Agent or Trustee, we ensure all regulatory requirements are met and provide access to ERISA services through our consulting team. Additionally, we assist in selecting and monitoring investment options that comply with all regulations. Our annual Sec. 404(c) review ensures optimal investment choices and continued compliance.
Empowering with Knowledge
We offer on-site and virtual coaching sessions to help your employees navigate their benefits, online tools, and investment options. Additionally, we provide financial wellness sessions, offering unbiased guidance on topics like debt management, retirement readiness, and other key financial matters.
Plan Management and Investment Guidance
Employee Benefit Plan Features
We provide the tools and resources to manage your Employee Benefit Plans effectively and ensure compliance with all regulations. Here’s what you can expect from our services:
Customized Plan Design
Seamless Plan Implementation
Ongoing Compliance & Recordkeeping
Employee Coaching & Financial Wellness
Investment Fund Monitoring & Selection
Contact Us
If you’re interested in learning more about how Croghan Colonial Bank can enhance your employee benefit offerings, please reach out. We’re ready to assist you in creating a plan that works for your business and employees.
Important Legal Disclosures
*Investment products and services may lose value, are not a deposit, are not guaranteed by any financial institution, and are not FDIC insured or insured by any government agency.