As an employer, what are my fiduciary responsibilities under this 401k plan?

There are only 3 fiduciary responsibilities left for the individual business owners under this plan

  • monitor service providers,
  • submit payroll in a timely fashion
  • provide updated census data to a record keeper.

Take our assessment to determine how fiduciary outsourcing can benefit your plan.
 

EVALUATE MY PLAN

THE BENEFITS OF OUTSOURCING

THE BENEFITS OF OUTSOURCING

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Your 401(k) Partners

Our goal is to have your administrative staff spend less time managing a 401k plan and more time focusing on your core business activities.
 

Plan Advisor

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TPA 3(16)

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3(38) Fiduciary

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Record Keeper

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Participant Advisor

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OUR TEAM

William Anderson

WILLIAM ANDERSON, CFP Logo

Senior Wealth Advisor

William Anderson is a CERTIFIED FINANCIAL PLANNER™ professional and Retirement Plan Specialist. For over 12 years, he has provided simpler, safer, and more cost-effective retirement plan solutions for clients. His services include implementing sound strategies that mitigate the, sometimes unknown, financial risk to your 401(k) plan and ultimately your and your employees’ nest egg.  

As an independent Investment Advisor Representative (IAR), I look to advise my clients on their existing retirement plan vs. pitching a plan or product. This is an important distinction because it means my recommendations to a retirement portfolio are independent of any one financial product or provider.
 
The majority of the time I spend with clients is focused on understanding a client’s financial needs and providing an education on the myriad of financial products available. This will help to decipher all of the critical information necessary to make the best financial decisions for you, your family, your business and your employees.
 
With an efficient and effective retirement plan for your business, this will aid in not only attracting quality talent to your business but retain the employees who you value.
 
I earned a Bachelor of Science degree in Mechanical Engineering with a minor in Economics from Norwich University Military College of Vermont. This has been a key contributing factor to my ability to analyze data projections of retirement plans and distill the data to determine how this applies to you, your plan, your goals and your future.
 
When I’m not working, I love golf, snowboarding and spending time with my family most of all.

Nick Greenhouse

NICK GREENHOUSE

Financial Advisor

Nick Greenhouse is a Registered Investment Advisor for Belpointe Wealth Management residing in Connecticut. He specializes in individual wealth management and retirement planning. Nick knows that there is no “one size fits all” solution to wealth management or retirement planning and is passionate about educating clients with unique solutions to meet each of his client's needs and goals.
 
Nick has passed his Series 65 securities examination and is a licensed CT , life, and health insurance producer. In his spare time, Nick enjoys hanging out with his family, golfing or skiing with friends, and cooking delicious things. Nick aspires to educate his local community and clients on financial wellness.
Paul Salomon

PAUL SALAMON

CPFA

Paul has been in financial services for 27 years with offices located in Cheshire & Greenwich CT, supporting Belpointe team member Advisors throughout the country.

As a Fiduciary plan consultant Paul provides independent, fee-based services that put clients’ interests above all else, always supporting ERISA plan sponsor Fiduciaries to act in the best interest of plan participants and their beneficiaries.

Paul focuses on the unique needs of each corporate client, meeting them wherever they are in terms of their knowledge and experience of ERISA, driven by keeping the clients on a “Fiduciary Continuum” of growth

Areas of Concentration:
1) Investment fiduciary best practices
2) Dynamic plan benchmarking: fee and service analysis
3) Plan design assistance
4) Integrated team model for participant education
5) Focused on Fiduciary Outsourcing
6) Pooled Retirement Plan Options

Call today for a consultation. 1-866-401k-MEP Schedule an Appointment

Belpointe Wealth Management | 125 Greenwich Ave. | Greenwich CT 06830