Lincoln Trust Company Joins CIKR

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Lincoln Trust Joins Exclusive National Organization of 401(k) Plan Service Providers

Lincoln Trust Company, a leading national provider of trust and custodial services, including open architecture 401(k) plans and the self-directed IRA, announced its membership in the Council of Independent 401(k) Recordkeepers (CIKR).

CIKR is a national member organization of 401(k) plan service providers representing over 70,000 retirement plans with approximately $130 billion in retirement assets. The council’s stated mission is to improve Americans’ retirement awareness and preparedness through expanded coverage of efficiently managed employer-based retirement plans. CIKR is an affiliate of the American Society of Pension Professionals & Actuaries (ASPPA), the premier national organization for career retirement plan professionals.

Tom Gonnella, the company’s Senior Vice President for Corporate Development, has been designated as the Lincoln Trust Company representative CIKR member. Mr. Gonnella has extensive experience in the recordkeeping business, including his previous roles with Fiserv Investment Support Services and Fiserv ISS' Institutional Retirement Plan Services group.

“CIKR members are a significant and important segment of the retirement plan service provider marketplace,” said Bob Beriault, Chairman and CEO of Lincoln Trust, “and Tom’s history makes him uniquely qualified to help serve with them.”

Mr. Gonnella is currently focused on growing the company’s business organically for Lincoln Trust as well as through acquisition of other recordkeeping organizations. He holds an MBA and a Master of Science degree in finance from the University of Colorado and a Bachelor of Science in Business Administration from Miami University.

With more than 2,000 qualified plan clients, Denver-based Lincoln Trust ranks among the nation’s largest independent providers of trust and custodial services. The firm was recently awarded the Gartner Business Process Management Excellence Award.

Lincoln Trust Company
Lincoln Trust provides open architecture 401(k), profit sharing and self-directed IRA solutions to best meet the needs of companies, their employees and individual investors. As of 2/28/2011, the firm supports plans and IRAs holding over $7.6 billion in retirement assets. Located in Denver, Colorado, Lincoln Trust provides trust, custodial and recordkeeping services to the financial services industry. Our focus is on helping companies establish and maintain retirement plans for their employees, as well as giving individuals flexibility in how they achieve their retirement goals.


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Morrison Shafroth
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