Custom Plan Design

Tom Nelson“We started our company’s 401K plan in 1997. We transitioned through 4 or 5 different management firms over the years who all promised better results for both the owners and employees as well as lower costs, but the opposite kept happening. The expenses compared to the benefits weren’t measuring up. We were ready to pull the plug on our 401K program altogether when we met with Illinois Bank & Trust.
"They devised a strategy for us to quadruple the amount of contributions for the owners, increase benefits for the employees, and offer a user-friendly website all while reducing our overall fees by 40%. It’s a win-win for us as business owners and for our employees. It’s the first time a 401K plan makes sense for all of us.”
- Tom Nelson, Co-Owner and President of Valley Expo & Displays in Rockford, IL


No two retirement plans are alike. Each must reflect and serve the people and goals of an organization. Large providers are typically unwilling or unable to deviate from standard plan designs and investment offerings.


At Heartland Retirement Plan Services, we build plans based on the needs of your company and your people – and we are willing to handle complex or unusual plan designs and investment alternatives. Our plan design specialists work with you to develop specific provisions and investments customized to meet your needs.


This hands-on approach enables creative solutions for complex issues. We think outside of the box, and we are dedicated to finding innovative and constructive designs to enhance the value of your retirement plan. With plan testing, for example, which is required by the IRS, we typically go beyond the standard automated testing methods favored by our larger competitors. Instead, we may deploy customized testing solutions that can provide more favorable testing outcomes.


We also keep a close watch on changes in the regulatory environment, offering proactive plan design ideas as laws change. As a result, we are often able to provide suggestions about how clients can respond to new laws or – in some circumstances – benefit from new guidelines and mandates.


Visit the Retirement Plan Services website.


Products offered through Heartland Retirement Plan Services are not FDIC-insured, are not bank-guaranteed, and may lose value.