LT Trust Simplifies Fee Schedule, Enhances Service Suite

LT Trust has announced a series of enhancements to its 401(k) product, including a redesigned fee structure and the assignment of a dedicated relationship manager for every adviser and plan sponsor client.

LT Trust’s leadership says that the company, in addition to these product changes, is launching a “revitalized” corporate identity designed to “better articulate its ability to use technology to provide leading-edge service to growing enterprises.”

The firm says its updated 401(k) plan solution provides clients with access to a comprehensive suite of retirement income projection tools, a simplified fee schedule to promote understanding and transparency, and a mobile app for participants to view their accounts.

Additionally, through its partnership with the registered investment adviser Fingage, LT Trust can now provide a participant’s projected monthly retirement income through an online dashboard. With this service, participants can see the percentage of their retirement income goal they are on track to achieve, along with their expected monthly shortfall.

Clients may also add Fingage’s managed account solution for a small fee. The leadership of LT Trust and Fingage says this managed account solution provides access to an institutional investment discipline that was previously cost-prohibitive to the small-plan market.

Headquartered in Denver, Colorado, LT Trust provides low-cost 401(k) recordkeeping and administration services.