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Experience & Expertise That Engages,
Educates and Empowers
Challenge…employees not participating in your company’s
retirement plans.
Solution…changes in plan design may increase your overall participation
rate to 90% or better.
Challenge… plan participants not understanding their
retirement planning choices.
Solution…providing innovative custom designed educational programs
to your employees enhances their understanding of what’s available,
how to access it, how to maximize their investments and stay committed
to their financial goals.
Challenge… plan sponsors confused about their fiduciary
responsibility.
Solution… Having well documented procedures, an investment policy
statement and established monitoring processes helps you to minimize
your liability and improve your overall compliance.
| Consulting
is a hallmark of Waterstone’s reputation. We serve
a wide range of clients – from start-ups, to expanding firms
who may be merging, to regional clients with multiple locations.
Our unique six step process helps you provide your employees with
high quality retirement benefits at a reasonable cost, while helping
you manage your fiduciary liability. |
Your business will thank you. Your employees will thank
you. And you’ll
thank us.
SERVICES
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The fact that a plan sponsor has many responsibilities
is not news to you. Few people understand the complexities and
management involved with successfully administering millions of
dollars in retirement plan assets. But you do. It’s your
job.
But even people whose job it is to administer a company-sponsored
retirement plan need expert assistance. The problem however, is
finding someone to give independent, unbiased information. Someone
that can help you analyzes the many parts of your plan and identify
where you need to focus your attention.
That is why we created the Retirement Plan Evaluator – to
provide information that allows you to easily determine the strengths
and weaknesses of your existing plan.
The Retirement Plan Evaluator covers 5 areas:
• Plan Design and Procedures
• Recordkeeping, Testing and Reporting
• Plan Expenses
• Investment Performance
• Industry Standards |
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When it is time for a
search, plan sponsors agree on one fact: it is an extremely difficult,
time consuming task and no one wants to do it. The typical method
used involves inviting several vendors to provide proposals and
presentations. You listen to all of their marketing hype and spin.
Simply put: they promote their strengths, hide their weaknesses
and you are left to wonder what they didn’t tell you.
What if you could have someone to do all of the leg work for you?
You can! We offer an exhaustive, systematic approach that examines
all the industry has to offer based upon your plan’s specific
needs. By focusing on the vendor’s actual capabilities – both
good and bad, we provide objective information that a sales process
will not identify. We bring you accurate, meaningful results so
that you have exactly what you need to compare your options without
the wasted time and aggravation. |
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One of the most challenging responsibilities that plan fiduciaries face is the
proper management of the plan’s investments. The plan sponsor must
continually assess whether the investments offered by the plan continue to
be appropriate.
Our retirement plan solution provides you a clear and concise
investment process. This customized process sets forth the parameters
and procedures for monitoring and making decisions regarding plan
investments. Our formal process helps you to design an Investment
Policy Statement that fits your plan.
By following our unique process, Plan Sponsors gain the knowledge
that appropriate, consistent decisions are being made. |
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COMPLIANCE
RELATED SERVICES
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Full plan compliance is
very complex and ERISA’s requirements are extensive. Some
issues simply fall through the cracks while others have never been
addressed. We have taken the time to develop a solution that prevents
problems, addresses unknown issues and deals with common difficulties.
As advisors to your plan we acknowledge our co-fiduciary responsibilities
and our thorough services are designed to provide full plan compliance.
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COMMUNICATION
AND EDUCATION
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We design communication
and education programs that are tailored to your employees, your
unique culture, past campaigns and objectives.
We start from scratch – no material off the shelf – just
a proven track record. During our on-site educational meetings,
we speak directly to your employees, teaching practical concepts
that are easily understood. We also provide your employees and
executives one-on-one consultations with a Certified Financial
Planner® so that their specific questions can be addressed
confidentially.
For our plan sponsors, we provide vital communication services.
We serve as your primary vendor liaison – conveying changes
with the industry, documenting, following-up and pursing every
issue. For your plan committee meetings, we will compile data,
present the current status of the plan, and address all critical
issues. If you need us we will be standing right beside you. |
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