Julie Anderson, Vice President, Employee Benefits Manager BNC National Bank

There are number of reasons for an employer to offer a 401(k) plan to employees, these include, but are not limited to:
• The ability to attract and retain qualified employees;
• Improve morale and employee satisfaction, thereby improving productivity;
• Means of providing a visible and appreciated retirement benefit to employees;
• A real opportunity to participate actively in saving for retirement on a pre-tax basis and allowing employees to take some responsibility in growing their own retirement savings;
• The option for a discretionary match that could be tied to company strategic compensation objectives;
• The Employer receives tax deductions for the contributions that are made to the Plan by the Employer along with applicable
expenses;
• Possible tax credit for a first time 401(k)
sponsor.

1-800-BNC-BANK
(1-800-262-2265)
322 East Main Avenue
Bismarck, ND 58501
Phone: (701) 250-3000
www.bncbank.com