Reynolds School District #7 is currently considering proposals for administration, recordkeeping, common remittance, compliance assurance and employee communication for their employee retirement benefit programs including: • Supplemental Retirement Plan • Deferred Compensation Plan Reynolds School District #7 is seeking a solution that will provide participants the highest likelihood of a successful saving and investing experience while accumulating assets within these plans. The administrative committee of Reynolds School District #7 has identified priorities in the evaluation of vendors to their plan. They are as follows (in order of priority): 1. Successfully outsource retirement plan administrative functions to a vendor to include, but not be limited to participant enrollment, participant distributions, eligibility tracking, compliance monitoring, loan processing, and QDRO processing. 2. Continuance and improvement of timely remittance of plan contributions to the District’s vendors 3. Development and delivery of a comprehensive employee communication program to improve the likelihood of successful participant participation.
