RFP-RC-04-004 - Consultant Services to Evaluate County's Deferred Compensation Pla

Summary of Specifications:
The County of Rockland, Audit Department, on behalf of the Rockland County Deferred Compensation Board, is seeking proposals for a consultant to evaluate the investment opportunities offered under the County's Deferred Compensation Plan, which operates under Section 457 of the Internal Revenue Code. The County Plan currently has approximately $89,000,000 in assets invested in thirty-seven (37) different investment options. The Plan serves approximately 2,400 plan participants and has been administered by the Hartford Insurance Company since July, 2001. The Deferred Compensation Committee wishes to develop an Investment Policy for the plan, an evaluation of investment performance as compared to established benchmarks, an analysis regarding whether the current investment mix is addressing the needs of plan participants, and a comparison of the fees charged in relation to similar sized plans as per attached specifications.