How is Woita & Associates compensated?
Woita & Associates is compensated for consulting services by recurring transparent client fees.
You provide a 401k to your team because you know saving for retirement is important and you want to encourage individual saving habits, as well as providing a way to save for your own retirement.
No matter who you do business with, we encourage you to take a small amount of time to review your company-sponsored retirement plan during a no cost consultation with Woita & Associates.
You’ll leave the meeting with and understanding of:
Beyond the fees, the products, and the services, employers like you often have questions about the Department of Labor Laws, Fiduciary Responsibilities, and other changes that affect your responsibilities. Our team is ready to answer your questions and share knowledge so you have the opportunity to make the most informed decisions for your situation.
Not quite ready for a consultation, but want to start investigating your current 401k employer sponsored retirement plan?
Here are some questions to ask and have answered:
Helping you work towards your goals is our sole objective at Woita & Associates. We believe that you can best do so when you are armed with knowledge and information so you have a clear understanding of your options.
Click Here to receive more tips on managing your company retirement plan.
There are three main areas in which Woita & Associates helps area employers with their 401k plans:
Another question that comes up given recent Department of Labor and ERISA regulations is the Fiduciary Responsibility employers have. A fiduciary has important responsibilities. The fiduciary must act solely in the interest of plan participants and their beneficiaries, act prudently, follow plan documents, diversify the investments, and pay only reasonable plan expenses. Woita & Associates can act as an investment fiduciary for you. We provide educational services to participants, participant enrollment assistance, plan vendor analysis, benchmarking services, assistance identifying plan fees, investment policy statement assistance, ongoing investment recommendations, ongoing investment monitoring, qualified default investment alternative assistance, advisor driven models, and performance reports necessary to help address your fiduciary responsibilities.
“Woita & Associates can act as an investment fiduciary of your company retirement plan and be a strategic partner in your plan’s success!”
This information is not intended as authoritative guidance or tax or legal advice. You should consult your attorney or tax advisor for guidance on your specific situation.
Woita & Associates is compensated for consulting services by recurring transparent client fees.
We make a living by what we get, but we make a life by what we give.
- Winston Churchill