The ICBM Multiple Employer Retirement Program was designed for the bank and associate members of ICBM. We have partnered with Fringe Benefits Design of Minnesota to create a plan that combines assets of multiple employers yet offers the flexibility of an individually tailored plan.
The ICBM Program cuts costs by spreading expenses associated with the plan across thousands of employees and millions of plan dollars while maintaining a member's ability draft, design, and maintain a plan specific to their unique needs. The program provides an added layer of fiduciary liability relief to our members through our open-architecture platform and a transparent fee disclosure.
A committee of participating ICBM members provides oversight of the program. TD Ameritrade serves as directed trustee, and Fringe Benefits Design provides the administration, compliance, and recordkeeping services of all members that participate in the Program.