1. Offeror shall provide custody of Plan assets; 2. Offeror shall process Plan Participant transactions in accordance with Plan Participant instructions in a timely manner, usually within 72 hours; 3. Offeror shall collect dividend and interest income and apply to Plan Participant accounts; 4. Offeror shall invest and record contributions made to the Plan in a timely manner, usually within 72 hours of receipt of good file and verified funds; 5. Offeror shall forward notices of corporate actions to the Plan Administrator within 10 business days of said action; 6. Offeror shall prepare and timely submit Form 1099R to Plan Participants and the IRS; 7. Offeror shall prepare registration documents for transfer agents for in-kind distributions; 8. Offeror shall maintain ERISA-level fidelity bonds; 9. Offeror shall monitor the Plan’s activity to insure compliance with the Plan Document and all applicable federal and state laws and regulations; 10. Offeror shall produce an annual cumulative Trust Statement within 60 days of the end of the plan year, as well as periodic reports as requested by the Plan Administrator, and make those reports available on the Offeror’s secure website; 11. Offeror shall timely complete any required IRS and Department of Labor (DOL) filings, as well as any testing applicable to government plans under the IRC; 12. Offeror shall provide a copy of Offeror’s annual independent audit to the County;
