Specifications include, but are not limited to: 1. Investment Management Services. Provide professional investment management services and prepare comprehensive quarterly fund performance and evaluation reports. Phase One: Immediate needs include oversight of the fund review and selection as well as the asset allocation and fund selection of RetirePlus lifecycle fund. Phase Two: Fund review of full fund menu. Phase Three: On-going advisement of fund menu and fund performance. 2. Committee Meetings. Participate in Committee meetings, report quarterly fund performance, consult with Committee members, and compile minutes for review and approval. 3. General Market and Regulatory Update. Report on news and developments in the capital markets and communicate legal and regulatory changes as it relates to the Plans. 4. Section 3(21) Fiduciary. As a registered investment advisor (RIA), monitor the Plan’s assets, including fund and money manager performance, and serve as a Section 3(21) Fiduciary to the Plans. 5. Fiduciary Assessment and Governance. Assist with fiduciary governance, oversight, and committee training.
