Planning for retirement can be complicated, but Bell Bank Wealth Management’s retirement plan services team aims to make it easier for both employers and retirement plan participants. Get to know the services the team provides and how the team helps companies of all sizes.

A Range of Plan Types

Bell’s retirement plan services team provides 401(a), 401(k), 403(b) and 457 retirement plan services to approximately 225 employer plans. This represents more than 25,000 participant accounts in 48 states and $2.4 billion in assets. Through our recordkeeping relationship with Newport, an Ascensus company, the team offers a complete retirement solution delivered with superior, personal service.

A Highly Credentialed and Experienced Team

Our retirement plan consultants take an active role in offering retirement plans designed to meet employer objectives and structured so that participants may achieve their goals for financial security at retirement. Our team has more than 150 years of combined experience with a range of industry credentials.

Value-Added Investment Consulting

Our investment platform offers a diversified array of investment options for retirement plan participants. Bell Institutional Investment Management serves as an extension of an employer’s retirement plan investment committee, collaborating to ensure their retirement plan is optimizing its full potential for employees.

Through in-depth analysis of an employee participant base, we aim to have ongoing consultations in selecting guidelines and criteria for investment options, constructing a fund lineup based on the characteristics of plan participants, providing ongoing support and training for employer providers, and much more.

Holistic Financial Wellness Services

Employees who are better educated about retirement, and about the retirement plan they receive through their employer, are more likely to participate in and contribute to their retirement account. That’s why our Retirement Plan Services team provides educational resources to employee participants about saving and preparing for retirement. We leverage onsite group and individual meetings, recorded videos, LinkedIn content, electronic flyers for company intranet sites and other media to reach participants where it’s convenient for them. Additionally, the financial wellness portal on our plan website provides a range of resources and helpful guides to make sure participants have the information they need.

Unequaled Plan Sponsor Support

We understand the need to streamline processes for employers, and strive to minimize the daily administrative work associated with a retirement plan. Employers can expect simplified and automated administration, trustee services, timely reporting, compliance testing, tax reporting and a dedicated service center for participants.

In sponsoring a retirement plan for participants, employers are offering a great opportunity for them to prepare for, and eventually meet, their retirement goals. In this capacity, employers are assuming fiduciary responsibility and a standard of conduct, and we help employers understand their role and responsibilities.

The depth of our services and support is reflected in our plan sponsor survey results, which consistently show a 100% “very satisfied” or “satisfied” result from our employer plan contacts.

Competitive and Understandable Fees

We do not use a “one-size-fits-all” approach to retirement plan pricing. Instead, we utilize custom pricing on every retirement plan. Additionally, we benchmark retirement plan fees to a national database and conduct annual retirement plan reviews that include fee discussions. We do not keep any fund revenue received from mutual funds, as we allocate those fund revenue dollars back to the participant that held the mutual fund.

Interested in Learning More for Your Business or Company?

If you are looking for a retirement plan provider for your business or company, or are interested in switching providers, contact us today at 701-451-3033. 

This article was published in the Q2 2025 issue of the Bell Wealth newsletter.