Summary of Specifications:
The purpose of this Request for Proposal is to enter into a contract with a qualified firm to update the Investment Policy of the Rockland County Deferred Compensation Plan and to provide an evaluation of investment options under the Rockland County Deferred Compensation Plan. It is anticipated that this RFP will result in a contract award to a single Offeror. This RFP is designed to provide interested offerors with sufficient basic information to submit proposals meeting minimum requirements, but is not intended to limit a proposal's content or exclude any relevant or essential data. Offerors are at liberty and are encouraged to expand upon the specifications to evidence service capability under any agreement. BACKGROUND The County of Rockland’s, Deferred Compensation Board, is seeking proposals for a consultant to update the Investment Policy for the plan and evaluate 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 $252,000,000 in assets, invested in forty-six (46) different investment options. The Plan serves approximately 2,370 plan participants and has been administered by the Mass Mutual since January 1, 2013 and was previously managed by The Hartford Insurance Company from July, 2001 to December 31, 2012.
