Benefit Trust Company is dedicated to providing comprehensive solutions to banks, trust companies, private businesses, and public entities. We help each of our clients to develop and manage the right program for their own customers, whether it’s a benefit plan, trust program, or GASB initiative. By doing this, we help our clients to not only become more profitable, but also to alleviate the fiduciary and legal risks of managing these programs.

Our specialties include:

• Benefit plans
• Investments
• GASB compliance
• Outsourcing and custody services

Chartered in 2002, Benefit Trust Company is a privately owned, independent, non-depository trust company that was formed to fill the void created by the consolidation of traditional bank trust departments, as well as the continued loss of local ERISA fiduciaries. The ongoing consolidation of service providers, coupled with the move toward trust service providers who are compensated through investment vehicles, has left a void in the market for a company exclusively focused on fiduciary work. The only product that we sell is fiduciary service. We do not profit from investment vehicles.

The single-minded focus of providing fiduciary trust and custody services exclusively to retirement plan sponsors, participants and beneficiaries gives Benefit Trust Company a unique position in the industry. Our professional staff and support group average nearly 20 years of ERISA experience each. Not only that, but they are fully dedicated to helping clients understand the complexities of qualified and non-qualified retirement plans. This specialization, knowledge, skill, and experience are highly valued by the clients, consultants, and investment managers we interface with every day.

Our fiduciary services encompass not only the corporate arena, but also public entities adhering to GASB (Government Accounting Standards Board) guidelines. Benefit Trust Company has been at the forefront of providing solutions to the challenges of funding Other Post Retirement Benefits (OPEB) as detailed in GASB 43 and GASB 45. A recognized expert, Benefit Trust has consulted with a variety of entities about GASB in numerous states across the country. We continue to lead the way in helping public entities meet their financial obligations under GASB in a fiscally responsible manner.

Benefit Trust Company partners with banks, trust companies, and private businesses to develop niche solutions specific to their unique market opportunities. Our size, responsiveness, and flexibility have allowed us to help many organizations provide the fiduciary services demanded by their clients, while at the same time limiting their financial and regulatory exposure. Our expertise has been honed through a variety of exclusive and unique relationships that allow us to provide the specialized services required by our partners.