What We Do
Retirement Plan Specialists and 3(38) Fiduciary
The Waterford Group provides 3(38) fiduciary and educational services to all types of employer-sponsored retirement plans, including:
- 401(k)
- Profit-Sharing
- Cash Balance
- Defined Benefit
- 457
- MEPs
- Deferred Compensation
Investment Analysis
We use our time-tested investment due diligence process to create a diversified investment menu and provide ongoing monitoring and adherence to the Investment Policy Statement.
Waterford serves as a 3(38) fiduciary and utilizes external and proprietary tools to create a best in class investment menu. This proven institutional approach to researching and evaluating investments is reflected in the Investment Policy Statement and utilizes qualitative and quantitative screening, which is an ERISA requirement.
Employee Education
We assist in strategies to help drive participation, encourage appropriate deferral rates and increase understanding and appreciation for the plan.
Waterford provides a robust suite of educational offerings that includes in-person and virtual education designed to empower and encourage employees. We assist in strategies to help drive participation with appropriate deferral rates while increasing employee’s understanding and appreciation for the plan. Our personalized approach is tailored to each client to address participants’ concerns and improve the probability of positive retirement outcomes.
Plan Design Consulting
We take an active role in plan design to help you develop a benefits plan that’s right for you, your company and your employees.
Choosing appropriate operational features is critical to the success of your retirement plan. Waterford’s in-depth knowledge on plan documents, administration, audits and testing allows us to customize a plan that maximizes participant retirement income potential while minimizing employer cost.
Fiduciary Plan Governance
We support your plan by providing the tools and training necessary to fulfill your fiduciary responsibilities.
Waterford outlines plan management responsibilities, uncovers existing gaps in ERISA requirements and documents the completion of required tasks. Our fiduciary education modules outline fiduciary responsibilities and how to implement prudent processes. We provide meeting minutes that outline key discussions, decisions and follow-up items that are stored in a secure internet-based filing system.
Provider Benchmarking
We help our clients evaluate their current service providers, the tools and technology they offer and compare the costs to same sized peers.
Waterford’s process entails a detailed analysis of your plan’s service requirement and size to pair that with a provider that has the system capabilities, expertise and resources to support your employee demographics. This thorough approach ensures that apples-to-apples comparisons are used to help our clients make informed and impactful decisions.
Plan Administration
We provide guidance on complying with ERISA, DOL and IRS rules and regulations.
Waterford’s experience and relationships with record keepers, third party administrators and payroll companies allows us to assist with questions regarding employee contributions, employer match, profit sharing, fee disclosure notices, accurate tracking of employee eligibility and the best approaches to satisfy non-discrimination and compliance testing.
Strategic Resources
Newsletters
September 2023 Newsletter
The Retirement Savings Glass Is Only Half Full for WomenAccording to recent data from the National Council on Aging and the Women's Institute for a Secure Retirement, nearly half of women ages 25 and older lack access to a tax-advantaged, employer-sponsored retirement...

September 2023 Newsletter
The Retirement Savings Glass Is Only Half Full for WomenAccording to recent data from the National Council on Aging and the Women's Institute for a Secure Retirement, nearly half of women ages 25 and older lack access to a tax-advantaged, employer-sponsored retirement...
Participant's Corner
Are you over age 50?
Consider making a catch-up contribution to your retirement! If you contribute $7,500 each year from age 50 to age 67 (17 years), you can make a big impact on your future. When am I eligible to make a catch-up contribution?If you turn age 50 anytime in the calendar...

Are you over age 50?
Consider making a catch-up contribution to your retirement! If you contribute $7,500 each year from age 50 to age 67 (17 years), you can make a big impact on your future. When am I eligible to make a catch-up contribution?If you turn age 50 anytime in the calendar...
Articles
2023 Retirement Plan Limits
IRS Limits on Retirement Benefits and Compensation
2023 Retirement Plan Limits
IRS Limits on Retirement Benefits and Compensation
Explore important resources for your employees, your business and retirement planning.
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