Running a successful business means more than balancing budgets and meeting deadlines. It’s about people – the employees who put in the hard work, the families who depend on them, and the community that thrives when businesses succeed. For small business owners especially, every decision you makes carries weight. One of the most powerful decisions you can make is to invest in your employees’ futures with a retirement savings plan.

At Minster Bank, we understand the unique challenges and opportunities that small businesses face. That’s why we’ve developed 401(k) solutions that are not only flexible and affordable but also backed by a team who knows your name, your business, and your goals. With us, offering a retirement plan isn’t complicated, it’s a simple way to strengthen both your workforce and your bottom line.

Why Retirement Benefits Matter

For employees, a 401(k) is more than just another line on their paycheck, it’s a promise. A promise that the work they do today will help secure a more stable tomorrow. When employees feel that their employer is invested in their long-term success, loyalty grows, morale improves, and productivity follows.

For employers, a retirement plan can be a game-changer:

• Attract and Retain Top Talent – In a competitive hiring environment, benefits like a 401(k) set your business apart.
• Boost Engagement – Employees who feel supported at work and in life are more motivated and engaged.
• Tax Advantages – Employer contributions often bring tax benefits, creating a win-win for both you and your team.
• Build a Culture of Care – Offering retirement savings shows your team that you’re invested in their lives beyond the workplace.

Tailored for Small Businesses

We know small businesses often feel retirement plans are out of reach – too expensive, too complex, or too time-consuming to manage. That’s where Minster Bank steps in. We specialize in making retirement planning accessible for businesses of every size.

Instead of one-size-fits-all plans, our Private Wealth team will sit down with you to understand your team and your operation. Together, we’ll design a 401(k) plan that works for your size, your budget, and your employees’ needs. From employer match options to contribution structures, we’ll guide you through the details and handle the administrative work so you can focus on what matters most: running your business.

And because we’re local, we’re never far away when you have questions. You won’t be routed through endless call centers or left waiting on hold. You’ll get real people who know you and care about your success.

Supporting Your Employees Beyond the Job

A retirement plan is one of the best gifts you can give your employees, and it’s one that impacts their lives far beyond the workplace. With the right tools in place, your employees can plan for their future, reduce financial stress, and feel more confident about providing for their families.

At Minster Bank, we don’t stop at setting up accounts. We provide your team with resources and personal guidance to help them understand how the plan works and how they can make the most of it. This means your employees won’t feel left on their own – they’ll have a trusted partner walking alongside them, helping them make decisions with clarity and confidence.

A Partner Who Knows Your Business

When you work with Minster Bank, you’re not just choosing a provider, you’re choosing a partner. We’ve been part of the community for more than a century, serving local businesses, farms, and families. We know what it takes to keep a small business running, and we know how important it is to take care of the people who keep it going.

That’s why so many businesses choose to work with us across generations. We don’t just set up a retirement plan and step away. We’re here for the long haul, adapting as your business grows, your workforce evolves, and your needs change.

More Than Retirement Planning

A Minster Bank 401(k) plan is just one piece of the support we provide to small businesses. From business loans to cash management, fraud protection to digital banking, we offer a full suite of services designed to simplify your financial life. With everything under one roof, you can save time, streamline operations, and focus on growth while knowing your finances – and your employees’ futures – are in good hands.

Invest in Your People. Invest in Your Future.

Your employees are your greatest asset, and helping them prepare for retirement is one of the best ways to invest in their future. With a Minster Bank 401(k) plan, you can empower your team, strengthen loyalty, and position your business as a place where people don’t just work, they thrive.

Ready to take the next step? Connect with our Private Wealth Team today to learn how we can help you design a 401(k) plan that fits your business, supports your employees, and strengthens your community.