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RETIREMENT PLAN SERVICES

Choosing the right partner to help you develop the ideal retirement plan for your organization is more critical than ever. Changes in retirement benefits are occurring at a rapid pace. No one individual can keep up with them all. And merely offering organizations a generic menu of basic services simply won’t suffice.

Our Start Right® retirement services can tailor a solution to meet the specific needs of your organization and provide tools that empower your employees to reach their retirement goals.

Tailored Retirement Solutions

Each plan participant has a unique comfort level when it comes to investing. A well-informed investor might want full control over investment decisions, while others may wish to make choices with some guidance. And some employees prefer to leave investment decisions to professionals. Participants can choose:

  • Core fund menu
  • Professionally managed portfolios
  • Self-directed account option

Professionally Managed Portfolios

Our investment professionals can assist you in the management of your retirement plan assets. For defined benefit plans, we can design the asset allocation that is appropriate for your investment guidelines and objectives, the actuarial profile of your employee base, as well as your income, liquidity and risk tolerance requirements. For defined contribution plans, we offer a wide range of flexible, diverse investments, including mutual funds.

  • Separate account management for equity, fixed income and balanced investments
  • Advised or directed
  • Mutual fund options
  • Guaranteed Investment Contracts (GICs) and company stock are supported

Industry-Leading Self-Directed Account Option (SDO)

We offer self-directed accounts in a daily recordkeeping environment. Our SDO offers full integration with the recordkeeping system and provides consolidated reporting and unparalleled trading options. With our SDO, participants are able to choose among a variety of trading methods, including:

  • A broker of your choosing, settling trades DVP (delivery versus payment),
  • An investment advisor or investment manager of your choosing,
  • Placing trades directly via our Portfolio Online* system, or
  • Receiving brokerage at discounted pricing through BOSC, Inc. (our full-service brokerage affiliate)

All of these options are fully integrated with our recordkeeping and trust accounting systems

Our open architecture platform provides one of the largest menus of investment options available in the industry. But a wealth of choices isn’t the only consideration in developing a retirement plan’s investment strategy. Because you have a fiduciary responsibility to choose investment options wisely for your employees, you need a proactive partner who is committed to helping you monitor and analyze your choices. We provide the tools and options you need to provide participants with outstanding managers for each asset class and investment style. Our investment services include:

  • Professionally managed portfolios with risk-reward and target retirement date structures
  • Low-cost institutional funds
  • Collective trust funds
  • Proactive performance monitoring with in-depth analysis
  • Comprehensive plan and investment reviews

Put our experience to work for you. We offer more than 50 years of experience and team members who average more than a decade of retirement plan experience. We are committed to providing the kind of hands-on, personal service you need to create the best retirement plan for your organization. Because we work closely with you, we share the responsibility for your plans success.

Personal Service From Industry Professionals

From a relationship manager who serves as your liaison for all plan implementation activities, to a group of talented specialists you and your employees can call upon for your retirement planning needs, you will get a level of attention that our competition is challenged to match.

Accessibility

Our participant service representatives are available to answer questions 7 days a week. Our Start Right® website features a broad array of interactive plan management options, as well as 24/7 online account access.

Comprehensive Education For Plan Participants

Our education and training offerings include group meetings, one-on-one meetings, webinars, audio and video CD/DVDs, intranet presentations, videoconferencing and teleconferencing, direct mail, e-mail, newsletters, payroll and statement inserts, as well as a host of online articles, calculators, and projection tools.

Employee Education Campaign Management

Our employee education and communication campaigns are customized based on each client’s needs. Your dedicated training coordinator works with you to set specific objectives, identify critical issues, solidify goals, and map out an appropriate, effective education campaign delivered through a variety of media including face-to-face, print, and electronic. We also offer individual financial planning for your employees.

Plan Compliance Expertise

Our Plan Compliance professionals ensure we fulfill our fiduciary responsibilities and help you meet your fiduciary obligations as well. With more than 150 professionals fully dedicated to our Retirement Plan Services group and more than 50 professionals in our Trust Accounting and Securities Processing group, we can provide a total solution for your retirement plan. Our Compliance Specialists will assist you with:

  • Plan design consulting
  • Prototype plan document services
  • Standard compliance testing and resolution
  • Signature-ready Form 5500
  • Year-end financial reports and annual plan audit package
  • Hardship withdrawal administration
  • Minimum required distribution calculations
  • QDRO administration

*By clicking on this link, you will leave www.bankofoklahoma.com. Bank of Oklahoma is not responsible for the content of or products and services provided by this site nor does it guarantee the accuracy of information contained in this site. This link will direct you to an Internet site which contains information that may be useful to you. This site is not controlled or endorsed by Bank of Oklahoma and may offer a different privacy policy and level of security.

TAILORED SOLUTIONS

Bank of Oklahoma offers a comprehensive range of services for any employer-sponsored retirement plan, including:

  • 401 (k) plans
  • Profit sharing plans
  • 403(b) plans
  • 457 plans
  • Employee stock ownership plans
  • Defined benefit pension plans
  • Cash balance plans
  • Non-qualified deferred compensation plans

ACCOUNT ACCESS

For online account access, please visit Start Right Retire Right.

MORE INFORMATION

If you are a Consultant or a Plan Sponsor and would like more information about our services, please contact us at 1-800-285-9559.

© 2014 Bank of Oklahoma, a division of BOKF, NA. Member FDIC. Equal Housing Lender.