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.

Not FDIC insured, not a deposit or other obligation of, or guaranteed by, the bank, and subject to investment risks, including possible loss of principal amount invested.