What are the advantages of using a bank trustee (rather than the employer being the trustee). I am working w/ a non profit entity that sponsors a 401(k) plan and they use a bank trustee located far away in another state. The participant accounts are 100% self directed. Thanks for any thoughts.

I wrote an article on this topic. It's on the BenefitsLink web site, and also on our website at www.schultzcollins.com, under "corporate retirement plans"/"articles" (follow the NAV bar). hope this helps.

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Jon C. Chambers
Principal
Schultz Collins Lawson Chambers, Inc.
(415) 291-3004

Hi Jon - found it, thanks!