Retirement Plan Specialists and 3(38) Fiduciary

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. 

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. 

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.