Types of Plans

• SEP IRA
• Simple IRA
• Profit Sharing Plans
• 401(k) Plan
• 403(b) Plan
• Money Purchase Pension
• Defined Benefit
• Non-qualified Plans

Program Services

Free Analysis
Trust & Investment Services offers a free analysis of an employer's retirement plan situation. We ultimately propose the appropriate services needed to meet the employer's goals. All costs are clearly identified in the proposed arrangement as well as in any existing arrangement. Where the Bank's services are not appropriate or not available, we recommend services from a proven network of national and local providers.

The analysis includes the following:

Initial Assessment - We gather information about:

• The employers goals
• Limitations relative to cost and contributions
• Current plan, if one exists
• Points of satisfaction and dissatisfaction with current arrangement

Plan Selection

• We identify the type of plan that will best meet the employer's goals relative to their situation.

Plan Design

• We identify the most appropriate plan provisions to incorporate (eligibility, vesting, loans, hardships, etc.).
• Suggest appropriate contribution formulas
• Review the alternative forms of investment direction (participant directed vs. employer or professionally managed pool)

Investment Selection

• We recommend the most appropriate investment type (individual securities, mutual funds).
• We present the Bank's criteria for investment selection and, where appropriate, make recommendations.

Investment Policy

• We review any existing policy and/or provide guidance for a new policy.

Cost Analysis

• All costs are clearly identified in the proposed arrangement as well as in any existing arrangement.

To arrange for a free analysis, call us at (484) 881-4120 or send your request via e-mail to trust@1nbank.com.

Investment Services
The Bank's Trust & Investment Services division delivers the same disciplined philosophy and style of investment management to employer sponsored retirement plans that it does to personal and other trust investment clients. Whether using our Turk's Head Investment Program or our individually managed accounts, plans such as defined benefit, profit sharing and money purchase pension that pool their assets for investment purposes will value our services. Also see Investment Management Services.

• Professional Portfolio Management where assets are managed according to the specific objectives and needs of the individual plan.
• Portfolio Investment Reviews conducted by the bank's investment and administrative experts on a regular basis.
• A formal review with the investment committee of the plan sponsor at least annually or as requested by the sponsor.
• Assistance in developing or amending an investment policy statement.

For plans, such as 401(k), where participants direct their own investments, the Bank's Trust & Investment Services division will:

• Recommend a selection of investments that will allow participants to optimize their portfolio according to their individual goals and tolerance for risk;
• Typically recommend mutual funds but may also include guaranteed investments, CD funds and employer stock;
• Select from a broad universe of mutual funds, recommending the best funds from the best fund families to fit the individual situation, typically no-load with low internal costs and a record of success;
• Apply a selection process utilizing proven criteria;
• Recommend a selection of investment options that allow the plan sponsor to obtain protection from investment liability under section 404[c].

  Not FDIC Insured
  No Bank Guarantee
  May Lose Value

Trust Services

• Assistance in transferring assets from other managers
• Monitoring of prohibited transactions
• Monthly and annual financial activity statements
• Distributions to pensioners with corollary tax withholding, reporting and remittance
• Coordination and processing of contributions and distributions
• Payment as directed of pension plan expenses
• Providing information as required for auditors, actuaries and government agencies
• Can serve as a Directed Trustee

Custody

• Security Safekeeping
• Transaction Processing
• Reporting
• Earnings Allocation
• Item Tracking

Employee Education
For plans, such as 401(k), where participation is voluntary and the investments are directed by participants, employee education is essential to the success of the plan. For sponsors of participant directed plans we provide employee education and enrollment programs including initial enrollment meetings and on-going periodic educational meetings.