81-100 Group Trusts With Adam Ponder
Adam Ponder Co-Founder & Executive Vice President
What is an Record Investment Keeper Manager 81-100 Plan Plan Group Trust? 81-100 GROUP Plan Plan TRUST Plan Plan Custodian
Why is it 1981 IRS called an Revenue Ruling 81-100 81-100 Group Trust?
Can anyone invest in an 81-100? Ta ft -Ha r t l e y Pr o fi t S t o c k Go ve r nm ent al M E PS sh a r ing Un i o n Bo n u s Re t i r e m ent De fi n ed 403(b )(9 ) 457(b ) 401(k) Ca sh Be n e fi t Ba l a n c e
MEPS vs 81-100 Group Trust M E P Plan M E P Specifications Plan Specifications 81-100 GROUP TRUST 81-100 GROUP TRUST Plan Assets Plan Assets
Does each plan still need its own trust? Plan Plan 81-100 Plan Plan GROUP TRUST Plan Plan MEPS
Group Trust Roles Record Investment Keeper Manager Plan Advisor Plan Plan Advisor Plan 81-100 GROUP Plan Advisor Plan Advisor Plan Plan TRUST Plan Advisor Plan Advisor Plan Plan Custodian
Small plan solution 81-100 GROUP TRUST
Associations or 401(k) Member Groups Member 401(k) ASSOCIATION Association GROUP TRUST 401(k) Member 401(k) Member
Wealth Manager 401(k) Wealth Client Wealth Client 401(k) 81-100 Wealth Manager GROUP TRUST Wealth Client 401(k) 401(k) Wealth Client
Broker/Dealer RIA 81-100 GROUP TRUST FUND LINEUP Large Cap Large Cap Large Cap Mid Cap Mid Cap Mid Cap Small Cap Small Cap Small Cap Fixed Income Fixed Income Fixed Income International International International Target Date Target Date Target Date
Unitized Managed Accounts Large Cap 81-100 Mid Cap GROUP Small Cap TRUST Fixed Income FUND International LINEUP Target Date
Complete the Group Trust Questionnaire Sign Group Trust 3(38) Advisory Agreement (w/ IPS) Process for Sign Group Trust Record keeper agreement Establishing a Alta Trust’s Trust Committee Approves Group Trust Alta Trust Signs Custody Agreement Alta Trust Signs UMA Paperwork (if applicable) Alta Trust Signs CIT Paperwork (if applicable)
Process for Adding Plans to a Group Trust Plan fiduciary signs the participation agreement Record keeper coordinates the conversion of assets
Lower Fees Large Cap CIT 8 1 -1 0 0 Large Cap Mutual Fund 8 1 - 1 0 0 GROUP Mid Cap G R O U P Mid Cap CIT Mutual Fund TRUST T R U S T F U N D Small Cap Small Cap FUN D Mutual Fund CIT L I N E U P LIN E UP International Cap Mutual Fund International Cap CIT
Benefits of a Group Trust Customizes the Potentially Lower Turnkey brand Fees
Questions?
Thank You Scott Patton Adam Ponder (309) 495-1947 (303) 996-3786 scott.patton@abgemail.com aponder@trustalta.com
How are you able to Pool Assets and not Create a Mutual Fund? Investment Company Act of 1940 section 3(c)(11) “Any employee’s stock bonus, pension, or profit -sharing trust which meets the requirements for qualification under section 401 of the Internal Revenue Code of 1986 ; or any governmental plan described in section 3(a)(2)(C) of the Securities Act of 1933; or any collective trust fund maintained by a bank consisting solely of assets of one or more of such trusts, government plans, or church plans, companies or accounts that are excluded from the definition of an investment company under paragraph (14) of this subsection; or any separate account the assets of which are derived solely from (A) contributions under pension or profit-sharing plans which meet the requirements of section 401 of the Internal Revenue Code of 1986 or the requirements for deduction of the employer’s contribu tion under section 404(a)(2) of such Code, (B) contributions under governmental plans in connection with which interests, participations, or securities are exempted from the registration provisions of section 5 of the Securities Act of 1933 by section 3(a)(2)(C) of such Act, and (C) advances made by an insurance company in connection with the operation of such separate account.” Investment Company Act of 1940 section 2(5) (5) ‘‘Bank’’ means: (A) a depository institution (as defined in section 3 of the Federal Deposit Insurance Act) or a branch or agency of a foreign bank (as such terms are defined in section 1(b) of the International Banking Act of 1978) (B) a member bank of the Federal Reserve System (C) any other banking institution or trust company , whether incorporated or not, doing business under the laws of any State or of the United States, a substantial portion of the business of which consists of receiving deposits or exercising fiduciary powers similar to those permitted to national banks under the authority of the Comptroller of the Currency, and which is supervised and examined by State or Federal authority having supervision over banks, and which is not operated for the purpose of evading the provisions of this title (D) a receiver, conservator, or other liquidating agent of any institution or firm included in clause (A), (B), or (C) of this p aragraph.” “Bank - maintained” under the federal securities laws has been interpreted by the SEC to mean “substantial investment responsibility”.
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