Approach
At Benefit Trust, we incorporate a streamlined and personalized approach into every service we offer. Our client-centric approach includes:
Customization
With Benefit Trust, you can customize your interface, resulting in greater flexibility when meeting industry and client needs. You can expect:
- Creation of a customized program to maximize your efficiency and cost-effectiveness
- Superior accessibility to the financial information you need, including daily access to investments and their valuation for your defined contribution and defined benefit customers
- Optimal flexibility in user-defined reporting and hands-on, personalized professional support
- Timely and efficient flow of information, providing outstanding opportunities and benefits
- Current data on evolving needs, industry trends and regulatory changes through internally developed and maintained systems
Support
A responsive partnership through open dialogue is the hallmark of any relationship with our team at Benefit Trust. Services are delivered to your expectations, along with comprehensive reviews of new products as they emerge. Prompt response to client inquiries is always a priority – because everybody benefits when operations run smoothly.
Controls
Structured to maintain a tightly controlled environment, Benefit Trust meets regulatory oversight by the state of Kansas. You can be assured that the following controls are in place at all times:
- Integrated systems automatically process and monitor plan transactions and produce numerous reports which satisfy management and regulatory needs with consistent accuracy.
- BTPassport, our online application, allows you to verify trades, request reports and perform general inquiries with a rolling, 24-month transaction history.
- An annual Level II, third-party review of internal accounting controls is conducted in compliance with SSAE 16.
Reporting
Benefit Trust will act as either directed trustee or custodian, holding legal title to plan assets while management and disposition of plan assets are directed by others. With our services, you will benefit from:
- State-of-the-art accounting systems
- Certified annual trust statements
- 5% reportable transaction schedules included with annual statements
- Internet access to transaction history and asset positions
- Disbursement registers reflecting payment history