American Trust Retirement Number One National "Best In Class" Retirement Plan

American Trust Retirement has been named the number one plan provider by the Plansponsor Magazine 2013 Defined Contribution Survey in the $5 million to $25 million market, receiving all possible 23 “Best in Class” awards in participant and sponsor services.

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Kurt Wedewer
Executive Vice President American Trust Retirement

American Trust takes on the responsibilities of plan sponsorship and successfully engages employees in planning for their future.

Dubuque, Iowa (PRWEB) January 23, 2014

Once again, American Trust Retirement has earned “Best In Class” status from its sponsors and participants. Each year, PLANSPONSOR® Magazine, a leading authority on retirement issues and benefits programs, conducts a nationwide survey to measure retirement plan providers on the quality of the participant and plan sponsor services they provide. Published in November, 2013, by Asset International, Inc., The PLANSPONSOR 2013 Defined Contribution (DC) Survey results incorporated the responses of DC retirement plan sponsors from a broad variety of U.S. industries.

Approximately 65,000 survey questionnaires were sent to DC plan sponsors from the magazine database, as well as to client lists supplied by DC providers; 5,306 total usable responses were received by the close of the survey which asked for data points pertaining to each provider’s assets, number of plans and participants in various plan size and type categories, as well as product and service capabilities including participant education.

American Trust Retirement is proud to be:

  • The number one provider in the $5 million to $25 million market by receiving all possible 23 “Best in Class” awards in participant and sponsor services
  • One of only two providers to receive an A+ rating in both participant and sponsor services in the $5 million to $25 million market
  • The only provider to have the highest ranked participant services for both communication materials and overall education program
  • Ranked second in the overall service satisfaction in all markets
  • Ranked as a top provider as 100 percent of our clients indicated they would recommend our services

“How do we do it? Our service, technology, plan design, fiduciary oversight, compliance, investment services, and cost efficiency are the reasons our clients continue to recommend us year after year. American Trust takes on the responsibilities of plan sponsorship and successfully engages employees in planning for their future,” said Kurt Wedewer, American Trust executive vice president and division manager. “This accomplishment is a tribute to our staff and their relentless efforts on behalf of our clients,” he added.

Award-winning American Trust Retirement is unique as a discretionary trustee and therefore is able to assume and manage specific responsibilities of retirement plans. “As participants become more involved in their plan, naming a discretionary trustee is important to reduce sponsors’ potential liability for legal and compliance responsibilities, Internal Revenue Service Regulations, ERISA, Department of Labor regulations, and general trust laws,” Wedewer added.

About American Trust Retirement
American Trust Retirement is a division of the American Trust and Savings Bank Financial Management Group whose assets under management now exceed $1.6 billion, and is a subsidiary of ATBancorp, Inc. Headquartered in Iowa, American Trust Retirement has offices in Dubuque, Iowa City, and West Des Moines and offers retirement and wealth management services in San Mateo, California. For more information, visit American Trust Retirement online.


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