Hand and Associates, Inc., established in Houston, Texas in 1939, is the foundation of Hand Benefits & Trust, Inc. The family owned business is under the leadership of the third generation represented by Chairman of the Board, W. David Hand and his brother, Stephen Hand, President of American Industries Trust Company.  The staff is dedicated to providing innovative consulting, design, administrative and trust services for virtually all types of employee benefit plans.  This unique combination of expertise and systems capabilities maintained within one organization allows for the economical delivery of state-of-the-art benefit programs tailored for each client. 

Hand and Associates� staff includes actuaries, attorneys, computer programmers, pension consultants and communications experts devoted administering traditional defined benefit and defined contribution plans through expertise, technology, and specialized recordkeeping with specific regard for compliance issues.

American Industries Trust Company serves as an administrative trustee offering Investment Management with Pooled Collective Funds, NSCC-DTC Defined Contribution Clearing System, Fiduciary Accounting - SAS 70, and Participant Directed Daily Valued Recordkeeping.  We provide customized employee communications along with 24 Hour Voice Response Unit and Web Access.  

Flex Corp was formed to facilitate the administration of cafeteria benefit plans.  Its� turn-key approach to administration relieves employers from the complexities of establishing a plan by analyzing an employer's current benefit structure including medical and dental coverage, dependent care assistance and other employer-provided fringe benefits. The administration package includes participant enrollment and communication, compliance with federal laws and pertinent regulation, required governmental filings, fiduciary treatment of all deposits and disbursements, plan documents, and reports for the employer and participants. 

American Industries Retirement Securities� primary functions are to provide a �conduit� for the receipt of all Mutual Fund servicing fees (12(b)-1), transfer agent, and finders� fees) to offset and reduce recordkeeping and consulting fees.  In conjunction with American Industries Trust Company, it provides a direct trading platform for same day trades through National Security Clearance Corporation (�NSCC�). 

Hand Benefits & Trust, Inc. has evolved over the past sixty years to a unique position among employee benefit service providers.  The interaction between our various divisions has meant operating efficiencies for our clients and allows them to offer comprehensive benefit programs with minimal administrative burden. The benefit programs of the future will likely be as different from those offered today as our current programs differed from those administered in 1939.  Therefore, we seek to establish long-term relationships with clients based on our commitment to continually update our services for their benefit.

Please check out our website, http://www.handgroup.com for more information.

Contact Info
5700 Northwest Central Drive, #400
Houston, TX  77092-2092
Phone (713) 460-1000
Fax (713) 939-5880

Contact Wm. David Hand
e-mail [email protected]

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