Retirement Plans

Why do you need Retirement Plan Services?

A successful retirement program is one of the most important benefits you can offer your employees. Regardless of the size of your business or the plan you need, we can help. We will advise you through every step in starting a plan, or transferring an existing plan to one of our experts. First Merchants offers many retirement plan options and will help you determine the ideal solution for your business. We emphasize personal attention for every participant in every plan. It is our job to keep you focused on your goals in order to maximize your savings, minimize your taxes, and make your savings last.

We Specialize in

  • 401(k) Plans
  • 403(b) Plans
  • Profit-Sharing Plans
  • Pension Plans
  • Cash Balance Plans
  • IRAs
  • SEP IRAs
  • Cross-Tested Plans

Custom Retirement Solutions

Fiduciary Services

As a plan sponsor, you have fiduciary responsibility for your company’s retirement plan. We understand that responsibility and we are here to offer support. We offer both 3(21) and 3(38) fiduciary services. We will help you to determine the level of support you need.


The first step in our personalized process is to determine your goals. Knowing what you want the plan to accomplish provides us a guide to ensure that the plan fits your desired objectives.

Design a Plan Document

Based on your goals, we utilize our experience to create a custom plan design. This includes determining the number of fund options your plan will include as well as the variety of those funds. Our investment management team diligently screens and reviews the funds on our approved list and ensures the funds incorporated in your plan meet our rigorous standards.

Educate Participants

We explain the details of the plan and the benefits of retirement planning to participants. We help get employees enrolled in the plan and make ourselves available to provide any assistance needed through the plan implementation.

Ongoing Support

We are not just available at the implementation of the plan; we make ourselves personally available to plan participants and sponsors on a continual basis.

Review Performance and Goals

Our Retirement Planning Services and Investment Management teams review performance relative to your goals and make suggestions when warranted.

Meet with Plan Sponsors Annually

At least once each year we meet with the plan sponsors to present performance and gather feedback from the client. If there is a change in the goals or objectives, we redesign the plan to adapt to your changing needs.