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�� <br />IDUCURY EXPER"�S <br />Page 2 of 6 <br />options by providing investment advice on a regular basis to the Plan regarding plan assets in <br />accordance with the provisions of this agreement. <br />Consultant will assist the City with ensuring the Plan is in compliance with the requirements of <br />section 404(c) by ensuring that the fund line up constitutes a broad range of investment <br />alternatives, as defined in regulations section 2550.404(c) -1. <br />Consultant will act as plan co- fiduciary and formalize process necessary to administer and <br />manage plan assets. <br />Consultant will provide calculations and distributions of recommended excess assets to <br />participants as mandated <br />Consultant will monitor the education campaign for participants throughout the year <br />Consultant will monitor maintenance of cost structure and credit component of the plan <br />Additional services that provider offers and customize for participants <br />Consultant will continue to provide a cost assessment of the 457 plan and the internal costs <br />benchmarked and create a full scope analysis of such costs. <br />Consultant will take minutes of all PIC meetings and document process for proper follow up and <br />compliance as it pertains to compliance and management issues associated with plan vendor. <br />Consultant will review BFSG's quarterly investment analysis reports <br />In conjunction with City staff, Consultant will develop an educational framework to educate <br />committee members, city employees, and the City Council regarding being plan fiduciary <br />(quarterly schedule) and fiduciary duties on the plan. <br />Consultant will be available as requested but not less than four times per year to meet with the <br />PIC or other people designated by Executive Director or representative to present the quarterly <br />reports, and to assist committee with any questions or issues that may arise <br />Upon request, Consultant will provide a Request- For- Information or Request for Proposal <br />regarding the Plan in order to provide a fair and competitive analysis of what competitors would <br />be willing to offer the Client as a tool of negotiation with current vendors. <br />Consultant will act as co- fiduciary on all investment options by providing investment advice on a <br />regular basis to the Plans regarding the plan assets in accordance with the provisions of this <br />agreement as necessary. <br />2�Pa��c <br />