All BMO Harris branch location ATMs are also available free of charge to Park Bank customers!
As an employer, you face the challenge of attracting and retaining the right talent to drive your business forward. A 401(k) can help manage that goal at the same time as helping your employees become financially prepared for retirement. It is the most commonly used employer-sponsored retirement plan and is becoming increasingly affordable for businesses of all sizes.
Allows the highest level of employee pre-tax contributions
Offers a wide range of employer contribution options
Provides an optional loan provision for employees
Fits well for companies with 10 or more employees
Option to allow Roth 401(k) salary deferrals
Business owner can deduct employer contributions from the company’s federal taxable income
We can help you find the right plan design, investment selections and communications to engage participants and help you manage your fiduciary risk. Additionally, our LPL Financial Advisors offer you access to the latest trends and tactics in the 401(k) arena as another way to keep your plan competitive.