The AmericanTCS 401(k) Composite Benchmark returned 4.66% in the second quarter of 2023. Following a challenging market in 2022 that delivered a decline of -16.70% to the 401(k) benchmark, 2023 has been a welcome change with a YTD return of 10.28%.
The agreement continues the national expansion of AmericanTCS’s outsourcing services with the addition of Touchstone Retirement Group’s deep knowledge in fiduciary and administrative services, plan design and recordkeeping solutions.
As we closed out 2022, the stock market’s roller coaster of a year ended with positive gains in Q4. The U.S. stock market made substantial gains in this last quarter, with much of the progress being achieved during the month of November.
The new brand brings together the Trust, Custody and Retirement operations EdgeCo has acquired over the past four years under a single banner. EdgeCo Holdings, LP (“EdgeCo”) is pleased to announce the launch of AmericanTCS, aligning the trust, custody and...