David Altimont

Background

About David Altimont

I partner with my clients to help them offer the best retirement program possible - by lowering investment and administration costs, optimizing their vendor relationships, building defensible fiduciary strategies, and providing best in class education programs for their employees. The 401(k) field is very specialized, highly regulated and most employees do not have a strong background in managing their personal finances. Its important my clients have an industry expert who is working for them to ensure their company's retirement program is viewed by both executives and employees as a best-in-class employer benefit. Their company 401(k) plan is a direct reflection of both the quality of their organization and the level of care it has for each of its employees. I use my 30+ years of comprehensive experience in corporate retirement plans - including 401(k), profit sharing, defined benefit, 403(b), 457 and non-qualified retirement plans - coupled with my legal training, to make sure my clients' plans are the best they can be. Based on the excellent reputation our Dallas Retirement Practice has achieved, I have been asked to participate on several Consultant Advisory Boards over the past decade, allowing my clients to benefit from my access to top management and decision makers at these companies. I also regularly speak at industry conferences on topics important within our industry, and enjoy mentoring younger Lockton partners on delivering world class service and results to our clients. My background includes extensive knowledge and experience in the following areas: 1) Investments - including investment committee formation, investment policy statements, as well as the selection, monitoring and replacement of options; 2) Retirement plan design – including safe harbor, new comparability, defined benefit and defined contribution plan design; 3) Fiduciary plan oversight and risk mitigation strategies in alignment with the various ERISA, DOL and IRS guidelines; 4) Risk management, mitigation and risk transfer strategies; 5) Mergers and acquisitions, including stock and asset purchase agreements; and 6) Vendor analysis and service management - including fee/service bench marking, request for proposals, provider transitions, administrative outsourcing, employee communications, plan administration, and trustee arrangements.