Montana Retirement Choices
Helping Montana Chamber member businesses achieve successful fiduciary, administrative and economic benefit outcomes.
The Montana Chamber of Commerce is pleased to offer its members choices for retirement plans. This State Chamber members-only plan opens the door to an affordable, institutional-caliber retirement plan for your company and employees. For Montana Chamber membership info, click here.
Montana Retirement Choices offers solutions for all businesses, including start-up, small business, and large companies. The heart of Montana Retirement Choices is the Multiple Employer Plan (MEP). Complementing the MEP are stand-alone solutions for large and/or more complex plans, as well as special opportunities for start-ups and small employer plans. For your complimentary Montana Retirement Choices plan assessment, click here.
"Click" to view this Interactive webpage
- fiduciary out-sourcing
- administrative relief
- flexible plan designs
- professional investment structures
- frequent employee communication and education
- pricing economies
The Discretionary Trustee: Pentegra Retirement Services is the MEP's "Discretionary Trustee", ERISA §3(16) Named Plan Administrator, and fiduciary investment advisor. Pentegra puts their name on the Plan Document and Form 5500.
Trustee: Pentegra is the discretionary trustee and is the responsible fiduciary for plan activity.
Regulated: Pentegra Trust Company is a regulated financial institution per ERISA guidelines.
Upkeep: Pentegra selects, monitors, and replaces the asset managers with fiduciary discretion.
Signor: Pentegra signs the Form 5500.
Tested: Pentegra has been providing MEP solutions since 1943.
Proactive engagement is initiated by the UBS Laureate Wealth Management team. As the advisor, UBS provides guidance to business owners and company executives as to program options and plan design. UBS also delivers education to participants regarding plan options, investment choices, enrollment procedures, and retirement planning. This service is performed according to the 12–4–2 program:
- 12 (Monthly) On-line Participant Enrollment Meetings
- 4 (Quarterly) liaison calls with your on-site administrator
- 2 (Semi-Annual) on-site visits: business owner briefing; employee education session
Frequently, the assets in 401(k) plans grow at a rate that out-paces the growth in employment and participant eligibility. Montana Retirement Choices MEP is competitively priced to reflect that reality:
- The pricing schedule flat-fees participant costs where available.
- Asset-based fees recede as the plan investments grow.
- Investment management fees are very competitive.
For a plan comparison with fee analysis for your company or to start a new plan, call UBS Laureate Wealth Management at 406-256-7132.