SAVANNAH, MO – December 3, 2018 – DWC - The 401(k) Experts, an industry leader in providing 401(k) plan compliance, defined benefit services, consulting services and third-party plan administration, has hired Joe Nichols as the firm’s first in-house actuary.
Nichols is joining the team in several capacities – the most significant of which is to streamline the way the firm works with defined benefit plans. As an Enrolled Actuary he is also responsible for ensuring technical accuracy of the work product and effective communication of the results to plan sponsors, plan participants, and other interested parties.
“Having an industry expert leading our defined benefit services is exciting, and Joe is a perfect fit as he shares our commitment to providing premium service at fair prices,” said DWC Partner Adam Pozek. “Most important, adding Joe to our team provides our investment advisors and clients access to another nationally-recognized industry expert.”
Over his 30-year career history, Nichols has worked with both national and regional actuarial firms, including as a founding owner of a pension actuarial and administration firm. In addition to his impressive history of pension consulting and list of professional designations, Nichols also volunteers his time to the profession by serving as the Secretary of the Board of Directors for the American Retirement Association, and he is a Past President of both the American Society of Pension Professionals and Actuaries (ASPPA) and ASPPA College of Pension Actuaries (ACOPA).
His work experience includes plan design, consulting, actuarial valuations, experience studies, projection modeling, cost studies and presentation as well as special consulting projects related to data analysis, benefit calculation programs, mergers and acquisitions, liquidity analysis and bankruptcy proceedings. His passion is working closely with clients to assist them in achieving their goals.
“I’m excited to bring my defined benefit expertise to the DWC team. As the number of cash balance plans continues to grow, DWC is positioned to provide actuarial and consulting services second to none,” Nichols said.
For media inquiries, contact DWC Marketing Director Ali Bechtel at 651.204.2600 ext. 117 or ali.bechtel@dwc401k.com.
About DWC - The 401(k) Experts: DWC is a firm providing third party plan administration, compliance and consulting services for qualified retirement plans nationwide. To learn more about DWC - The 401(k) Experts, please visit www.dwc401k.com.
