Employee Benefit
Accounts
First National Bank of Fort Smith can serve as trustee and/or
custodian of the following types of Employee Benefit Accounts.
- Defined Benefit Pension Plans
- Profit Sharing Plans
- 401(k) Plans
- Section 125 Cafeteria Plans
- Employee Stock Ownership Plans (ESOPs)
- Simplified Employee Pension (SEPs)
- Voluntary Employee Benefit Associations (VEBAs)
- Keoghs
- Individual Retirement Accounts (IRAs)
Other employee benefit services provided by First National Bank
include:
- IRS approved Prototype Plans
- Participant record keeping
- Investment management
- Investment custodial services
- Participant directed investments
- Self directed accounts
- Employee benefit education programs
- Tax reporting
- Full plan administration
- Coordination with outside managers