Benefit Consultants Group Partners with Mid Atlantic Trust Company as Part of iShares ETF Preferred Network Group
DELRAN, NJ—April 28, 2009—Benefit Consultants Group (BCG), is pleased to partner with industry-leader Counsel Trust Company, dba Mid Atlantic Trust Company (MATC), as part of the iShares preferred network. BCG is a third party administration firm of retirement plans that offers a fully bundled 401(k) platform offering Exchange Traded Funds (ETFs).
Through BCG, you can offer clients a retirement plan program that features iShares. ETFs are widely used for their diversification, market tracking and low expenses. They also offer efficient, low cost and transparent design—combined with enormous range, flexibility and access to virtually every major asset class.
Beau Adams, Executive Vice President of Business Development at BCG comments, "We’re very excited to partner with MATC, and be part of the iShares preferred network. Advisors have been asking for an effective ETF platform for defined contribution plans for quite a while. Since rolling out this new platform in January, we have been inundated with calls.”
The Delran, NJ-based recordkeeper handles the daily administration of over 2,000 retirement plans and services more than 190,000 participants. “We’ve had a very positive response from our advisors. This ETF platform represents significant innovation for the defined contribution marketplace,” mentions Adams.
iShares provides a diversified, cost-effective solution to help meet investment needs for clients. ETFs has grown for these key reasons:
- Reasonable and transparent fees
- Flexible investment lineup
- Help manage risk through portfolio diversification
All these features help retirement plans by offering a flexible investment solution. ETFs can help you, or your clients construct a portfolio that best meets their needs, while managing risk in their 401(k) retirement plans. It offers the best of both worlds. For more information, please contact Deborah White at 856-368-7217.
About Benefit Consultants Group:
Benefit Consultants Group, an award-winning third-party administration firm. BCG provides plan sponsors and participants with innovative solutions, comprehensive sales support and high quality recordkeeping services to meet the specific retirement needs of its clients for over 50 years. Throughout the decades, BCG has met the challenges of an ever-changing retirement plan environment, while providing its clients with the highest degree of quality service, inspired plan design and implementation. BCG is also the first retirement services TPA firm in the country to receive an ISO 9001 Registration for quality management. For information, visit www.bcgbenefits.com or call 1-800-524-4015.
About Mid Atlantic Trust Company:
Mid Atlantic Trust Company (MATC) is an independent expert in trust & custody solutions for retirement plans. They provide innovative solutions to thousands of plans and safeguard billions of dollars. The Mid Atlantic companies provide a broad array of sophisticated financial products, support services and technology to a select group of financial organizations. They provide first-class service to their clientele, which consists of teamwork, innovation and reliability. Through this continual improvement process, Mid Atlantic is dedicated to meeting the increasing requirements of the marketplace in the years ahead.
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