Retirement Plan Trustee Services at The Preferred Legacy National Trust Bank
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ERISA Plans
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Individual Retirement Plans
Professional Trustee for Retirement Plans
In today’s workplace, offering a retirement plan isn’t just a benefit — it’s an expectation. But with that comes significant fiduciary responsibility and potential legal exposure for employers. At The Preferred Legacy National Trust Bank, we serve as impartial professional trustees for employer-sponsored and ERISA-governed retirement plans, ensuring your plan remains compliant, efficient, and aligned with your company’s long-term goals.
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We manage fiduciary responsibilities with precision — from ensuring compliance with IRS deadlines and participant notices to overseeing investment alignment with plan objectives. Our team brings deep regulatory expertise and works closely with your legal, tax, and financial advisors to build a compliant and streamlined retirement plan experience.
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By choosing The Preferred Legacy National Trust Bank as your professional trustee, you minimize liability while gaining a trusted partner who protects your business and helps secure a lasting legacy for your employees.
Self-Directed IRAs
Take full control of your retirement strategy with a Self-Directed IRA. At The Preferred Legacy National Trust Bank, we offer specialized custodial services that let you invest beyond traditional assets — including real estate, private equity, LLCs, and other alternative investments.
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As a non-discretionary custodian, we handle administrative and compliance tasks — such as contributions, rollovers, asset transfers, tax reporting, and investment execution — while you retain decision-making authority. We ensure full compliance with IRS regulations, safeguarding your account’s tax-deferred status without offering investment advice or promoting any specific assets.
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Our team also works closely with your accountants, legal counsel, and advisors to streamline account setup and ensure ongoing compliance with complex IRS rules governing Self-Directed IRAs.
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Whether you're building a portfolio of alternative investments or seeking better control over your retirement wealth, The Preferred Legacy National Trust Bank provides the support and structure to help you succeed.