One of the best ways to recruit, retain and reward employees is to help them save for retirement. SunTrust offers retirement plan solutions that can be customized to suit your company’s size, needs and business objectives. Whether you’re looking for workplace retirement plan design, 401(k) administration, defined-benefit advisory services or supplemental retirement strategies for executives, SunTrust can help you identify and implement a retirement plan solution that makes sense.
Defined contribution plans
SunTrust offers a wide range of workplace retirement plans, all of which include transparent fee structures, administrative support, distribution services and guidance from retirement plan specialists.
- Institutional 401(k): Designed for mid-sized to large companies, these plans streamline 401(k) administration, deliver fiduciary support to minimize risks, and engage employees to take actions that improve retirement outcomes. Please see the Institutional 401(k) tab below for Plan Sponsor access.
- SunTrust Online 401k: Created for small businesses with fewer than 100 employees, these plans provide easy and affordable access to a broad selection of funds.
- Advisor-supported 401(k): For those who prefer to work with an advisor, these plans are a convenient way to execute your workplace retirement goals.
Defined benefit plans
If your organization needs help establishing a pension plan or managing an existing one, SunTrust offers tailored investment solutions, regulatory expertise and a full range of services, including trust and custody, investment advisory, reporting and distribution. Should you choose to do so, we can also help you bring your defined benefit and defined contribution plans onto a single administrative platform.
Non-qualified plans can be a valuable tool for recruiting and rewarding key employees. SunTrust understands the needs of highly compensated employees, and can work with you to provide a non-qualified plan best suited for your business.
To speak with a SunTrust representative call 866.786.4015