Retirement Plan Services
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ERISA Plans
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Individual Retirement Plans
Professional Trustee for Retirement Plans
In today’s competitive environment, offering a retirement plan is more than a benefit — it's an expectation. But along with employee satisfaction comes fiduciary responsibility and potential legal exposure. Entrusting your plan to a professional trustee is one of the most effective ways to protect your business.
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At The Preferred Legacy National Trust Bank, we offer trustee services tailored to employer-sponsored and ERISA-governed plans. As impartial fiduciaries, we manage retirement plans with precision, ensuring all decisions align with plan objectives and regulatory requirements.
We help employers meet IRS deadlines, distribute participant notices, manage plan amendments, and — if authorized — oversee investments in line with fund goals. Unlike self-trusteed plans, we assume fiduciary responsibility, helping you minimize legal risk and administrative burden.
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Our team collaborates with your legal, financial, and tax professionals to ensure a compliant and streamlined experience. With The Preferred Legacy National Trust Bank, you can stay focused on your business while ensuring your employees' future is protected.
Self-Directed IRAs
Take full control of your retirement strategy with a Self-Directed IRA. At Preferred Legacy, 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, Preferred Legacy provides the support and structure to help you succeed.