MB offers a full range of employee benefit and retirement trust services:

Pension Plans

MB acts as trustee, custodian and/or investment manager for these traditional Defined Benefit retirement plans. We assist employers and their legal counsel to develop a plan consistent with their retirement goals. Additionally, we work closely with the plan actuary to provide accurate valuations, tax reporting, PBGC filings statements and employee communications.

401(k) & Profit Sharing Plans

We offer fully-bundled, daily valued, turnkey solutions utilizing a variety of mutual fund families. We can be the directed trustee or custodian for these plans and administratively act as a liaison with outside recordkeeping firms. The department’s investment management group has extensive experience in handling retirement plan assets and is available for investing profit sharing plan funds. Prototype plan documents are available or custom drafted plan documents can be used. Tax reporting, plan statements, employee education and communications are included in the service.

Non-Qualified Deferred Compensation Plans (Rabbi Trusts) 

These plans are designed for key executives and are an important element in post retirement income packages. MB acts as trustee or custodian, provides the plan document when requested and invests plan assets.

Contact us to learn more.