Specifications include, but are not limited to: SCOPE OF SERVICES. The purpose of this Request for Response is to select one or more firms to provide investment consultant, glide path and oversight services to the Commonwealths IRC 457 Deferred Compensation Plan and the Commonwealth 401(k) Plan for non-profit employees. The following information provides a non-exclusive list of the services the successful bidder under this RFR will be expected to perform: 1. General Investment Policy and Procedures. At the outset of the engagement and annually thereafter, to review the Plans Investment Policies and Procedures and, if necessary, make reasoned recommendations for amendments thereto. 2. Assessment of the Plan Administrator. At least annually, prepare and present to the Plan a report evaluating the Plans recordkeeping, administration, trust, and education services (including an evaluation of the current third party administrator). 3. Assessment of the Plans Investment Options. At least annually, prepare and present to the Commonwealth a report evaluating the current Plan structure and investment options. 4. Performance Analysis. Provide quarterly performance analysis of each of the Plans investment options, including attribution characteristics, style analysis, risk analysis, peer universe comparison, holdings analysis relative to benchmarks and holdings analysis relative to other managers within multi-manager funds, trading efficiency, and compliance violation reports.
