The 401k Concierge has developed a comprehensive six step solution to your retirement plan design and implementation.

Step One: Retirement Plan Evaluator

• Evaluate current plan design, expenses and adherence to policies and procedures
• Evaluate current enrollment and contribution levels
• Evaluate plan expenses
• Evaluate investment performance
• Benchmark plan against industry standards

Step Two: Retirement Plan Optimizer

• Research and develop comparability studies of current plan vs. market options to ensure best overall plan
• Systematic search process that examines all the industry has to offer based upon your plan’s needs.
• Manage RFP process to ensure that you receive information on products that fit your specific requirements. 

Step Three: Fiduciary Shield

• Drafting of Investment Policy Statement
• Review Fiduciary checklist to ensure compliance with ERISA regulations
• Review 404C Fiduciary checklist to ensure compliance with 404C regulations

Step Four: Due Diligence

• Independent, unbiased investment selection
• Annual plan review of administration, fees, investment performance and testing requirements
• Review plan  vs. objectives
• Independent quarterly fund performance monitoring using Morningstar

Step Five: Education/Enrollment

• Personalized enrollment and communication programs
• Customized group and individual educational meetings with participants and executives
• Access to Waterstone’s Exclusive “Financial Wellness Programs”
• Dedicated contact point to provide ongoing service to plan sponsor and participants

Step Six: Monitor/Update

• Systematic Reviews of plan based on clients needs (Quarterly, Semi-annual, Annually)
• Updates on industry regulations and trends