Specifications include, but are not limited to: quarterly performance measurement and plan reporting, conducting a Plan compliance review within the first year of the contract and at least one other time within the five year contract period at the discretion and/or direction of the Program’s Executive Officer or Committee, investment option consolidation, adoption, or deletion, investment customization services, and record keeping evaluation (i.e., potential for delegated administration duties, participant communication, education and fee structuring, etc.). ; Watch list reports
Fund write-ups for underperforming investment options and watch list funds/investment options.
Plan Activity and Participant Utilization reports.
Report on asset allocation and offer historical data comparisons.
Report on Stable Value ratings and structure.
Provide a performance summary of each option to benchmarks peers and policy conformance.
Fund holdings, fund information, sector allocations, style box history market capture, risk, comparative performance reports of adopted core investments within the established investment line-up, and any other information per Committee and/or Executive Officer request.
Offer recommendations on the retention, elimination, consolidation, addition, or placement on the Committee’s adopted Watch List of investment options as appropriate.