401k Plans

TBK Bank is proud to offer the most cost-effective, flexible, full service 401(k) plans to businesses. Our expertise and resources provide your employees with a tremendous benefit, while retaining the old-fashioned neighborhood service.

  • Plan design and document support
    • Prototype plan documents
    • Summary Plan Descriptions (SPD) > IRS filings 5500 & 5300
    • Plan restatement services
    • Document review
    • Plan design consulting
  • Installation and plan conversion services
    • Dedicated New Client Implementation team
    • Conversions with no market downtime
    • Customized enrollment kits
    • Set up of contribution submission calendar
    • Web census upload and payroll submission via the web
    • Comprehensive online plan administrator's guide
  • Investments
    • Collective trust index funds
    • Actively-managed funds
    • Investment Select List
    • Self-directed brokerage accounts
    • Company stock (traded daily)
    • Bank CD fund
  • Account Management Services
    • Dedicated relationship manager
    • Dedicated Client Service team
  • Plan education and communication
    • Onsite enrollment kits
    • Customized enrollment kits
    • Tele-conferencing and web conferencing
  • Trust & Recordkeeping Services
    • Daily valuation
    • Client Services and Participant Services Representatives 
    • Foreign language support
    • Investment guidance via MasteryPoint Guidance Plus®
  • Self-directed brokerage accounts through Charles Schwab
    • Online participant account statements
    • Monthly plan sponsor reports
    • Transaction processing (contributions, transfers, loans, distributions)
    • Qualified Domestic Relations Orders (QDROs)
    • Required minimum distribution notifications
    • Plan year-end summary reports
    • Trust statements
    • Summary annual reports
    • SASE 16 audit report
    • ADP/ACP testing
    • Top-heavy testing
    • 402(g) annual deferral limit testing
    • Forfeiture allocations
  • Website and voice response unit
    • With 24/7 account management and transaction capabilities
    • Interactive account management tools
    • Online loan and distribution requests
    • Online library with plan administrator's guide
    • Daily fund performance

To contact the Trust and Investment Services Department, call (309) 743-7856.

Products offered by Trust & Investment Services are not FDIC insured, not a deposit, not guaranteed by the bank or other obligation of the bank, not insured by any federal government agency, may go down in value,  and subject to investment risks, including possible loss of principal amount invested.