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401(k) Plans Built to Attract and Support Growth


Offer a competitive 401(k) with flexible design, clear participant support and guidance that helps simplify fiduciary responsibilities.

A 401(k) is one of the most valuable benefits a business can offer but managing it well takes the right structure, tools and support. FIBT helps you design and run a 401(k) plan that aligns with your goals, supports your employees and keeps administration straightforward through every stage of the plan lifecycle.

From initial consultation to ongoing plan oversight, we bring a relationship-driven approach backed by enterprise-level capabilities, including access to specialized professionals such as ERISA attorneys, CPAs, actuaries, and document services.
 

Request a 401(k) Consultation


Why Build Your 401(k) With FIBT?

  • Custom plan design
  • Fiduciary and compliance support
  • A streamlined, easy-to-use experience
  • Participant education and enrollment support
  • Ongoing plan review and benchmarking

401(k) Plan Options and Features

Every business is different. That’s why we help you evaluate the right plan structure and features based on your priorities − recruiting, retention, tax strategy, simplicity, flexibility, or long-term cost control.

Available Plan Options Include: 

  • Traditional 401(k) with pre-tax and/or post-tax deferrals and employer contributions
  • Roth 401(k) feature for after-tax contributions and tax-free qualified withdrawals
  • Safe harbor 401(k) to reduce certain administrative burdens with required employer contributions
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Employer Confidence
Participant Clarity

A strong 401(k) plan balances employer efficiency with participant outcomes. We focus on plan design and governance while making it easier for employees to engage with the benefit and build long-term confidence.

Schedule a Retirement Plan Review

How do I know which 401(k) design fits our business?

We start with your goals — recruitment and retention, tax strategy, desired employer contributions and administrative complexity — then help design the right plan structure and features.

Can you help if we already have a 401(k) plan?

Yes. Many businesses come to us to review plan design, participant engagement and fiduciary processes and identify opportunities to strengthen outcomes.

What does fiduciary support look like in practice?

It can include help reducing time spent on rules and administration, simplifying processes, and clarifying which responsibilities remain with the sponsor when outsourcing.

Do you provide participant education?

Yes. Education and communications are a core part of improving retirement readiness, including enrollment support and ongoing participant touchpoints.

Let's Build a 401(k)
That Works for Your Business and Your People

Whether you’re launching a plan or improving an existing one, our retirement specialists are ready to help.

Request a 401(k) Consultation


Not insured by FDIC or Any Federal Agency | May Lose Value | No Bank Guarantee

About Us

Who is FIBT?

First International Bank & Trust (FIBT) is a full-service, family-owned, independent community bank serving a wide range of communities across North Dakota, South Dakota, Minnesota, and Arizona.

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