David Donaldson Email & Phone Number

Ventura, Ca, Us

SMART Trust Services provides a full range of ERISA trust services to U.S. and international Companies. With an in-depth knowledge of trust responsibilities, ERISA compliance and adherence including Taft-Hartley & fringe benefit health and welfare funds JATC apprenticeship funds, defined contribution funds and defined benefit pension funds. Our team includes former DOL Investigators and banking experts who can ensure your benefit plan assets are managed at the highest level of fiduciary responsibility and trustee services.

Participant I.D. is a three-factor authentication software that uses biometric facial recognition, government identification verification technology, and a proprietary identity graph score. A participant can be verified by simply using their cell phone. The verification results are delivered to you within minutes

Smart 360 Payroll Bridge uses the latest in technology to full integrate any payroll vendor with their retirement plan provider. Unlike other integration services, SMART 360 Payroll Bridge assumes full fiduciary responsibility for timely remittance of contributions and any errors associated with the flow of data to and from the payroll provider and recordkeeper. In essence, SMART 360 Payroll Bridge can complete remove the plan sponsor from anything payroll related to their plan.

ERISA SMART is the largest independent provider of fiduciary outsourcing services for the retirement plan industry. Owned and operated by a former Senior Investigator for U.S. Department of Labor, ERISA SMART’s full scope 3(16) Plan Administration and 402(a) Named Fiduciary services allow plan sponsors the ability to reduce the amount of company resources they delegate to the operation and oversight of their plan while substantial limiting their liability of errors and omissions by more that 97%. In addition to fiduciary services, we also provide consulting to plans of all sizes on ways to implement better internal controls and policies to ensure better compliance.

Washington, Dc, Us

As a Senior Investigator, I initiated, planed, conducted, and coordinated investigations of major inter-jurisdictional or national employee benefit plans, service providers, Investment Advisors, Investment Managers and trust departments with complex organizational structures consisting of multiple entities. Conducted conferences, interviews and corresponded with plan officials, attorneys, CPA's, bank officials, insurance officials, law enforcement agents and specialists, agents, investigators, and auditors in other Federal and State agencies. Recommended compliance actions and negotiated with plan officials and fiduciaries to secure voluntary compliance, seeking monetary restitution and other remedial actions. Works closely with legal staff of the Solicitor's Office and the Department of Justice in preparing cases for litigation and providing technical guidance. Independently and/or upon request from the U.S. Attorney, investigated allegations of criminal misconduct. Initiated contacts and maintained liaison with other Federal, State and local agencies on ERISA and related matters. In addition I have developed and presented several training modules for the DOL regarding investigating investments and conflicts of interests. At the DOL I was also responsible for developing and presenting training to DOL Staff and investigators on investigating investments, advisors and conflicts of interest. My training courses have been viewed at the national level.

New York, Ny, Us

My responsibilities included working with ERISA based retirement plans helping them navigate the complexities of the regulations. In addition, I assisted plan sponsors develop and maintain a prudent menu of investments for their participants.

Private Equity Company

Ed, Wealth Management

Education record