Discretionary and Directed Trustee Services
Since inception, Benefit Trust has operated with a Fiduciary first approach. In that approach, we built a business while operating as a Discretionary Trustee, the highest level of fiduciary responsibility. Benefit Trust has never shied away from the responsibilities that come with this high-level appointment, in fact, we feel our expertise is best utilized by directing your plan assets and alleviating some of the fiduciary risks of the Plan Sponsor.
As the directed trustee, Benefit Trust holds legal title to the assets held in trust. While working with Plan Sponsors, Benefit Trust is highly accustomed to partnering with outside Advisors to ensure that your plan is efficient, and works within the scope of the Investment Policy Statement (IPS). We have great working relationships with all of our Advisor partners, and are always looking for the opportunity to create new ones.
Whether it is a startup plan, or you are looking for a change, Benefit Trust excels in the safe-keeping and accounting of your assets while exercising no discretion. Disbursements are completed quickly and professionally, including periodic and recurring payments with federal and state tax withholdings.