25J - AGMT - DEFERRED COMP - Laserfiche WebLink

Home Browse Search

FIDUCIARY EXPERTS, LLC EXHIBIT A FIDUCIARY SERVICES & EDUCATION: Services shall include not less than four times per year to meet with the Plan Investment Committee or other people designated by Executive Director or representative to present Plan education or investment analyses or recommendations. The Scope of Work shall include: • Consultant acts as a Co- Fiduciary to the City of Santa Ana 457 Deferred Compensation Plan • Provide strategic communications for the update agreement transition including participant education and other advisory services; • Customize as necessary Provider information to participants; manage production of new plan educational materials and media for use on citywide website • In conjunction with Plan Administrator, develop an educational framework to educate plan participants, committee members and City council regarding facets of the 457 Deferred Compensation Plan, Plan transition and related processes or procedures, and fiduciary duties • Assist in preparation of Request for Proposal for a fair and competitive analysis of market offerings of Plan Provider services and fees, or other consulting services • Develop training and operational plan for Plan Administrator Committee administrative reimbursement funds and expenditures; document, audit and certify all such expenditures • Provide Plan Administrator and Investment Committee support including, but not limited to minutes, presentations and other educational training • Assist to manage any plan or committee restructuring, develop any subcommittees or groups and provide presentations including neet with individual employees or bargaining groups as directed by Plan Administrator to explain facets of Plan, new plan updates or changes in Plan services or structure • Review and advise on future Plan administrative and operational changes including, but not limited to Plan Providers, consultants, fund investments, and investment strategies • Act as Fiduciary on all investment options by providing investment advice on a regular basis to the Plan regarding the plan assets in accordance with the provisions of this agreement as necessary and provide documented investment advice and analysis on all recommendations regarding plan assets for the 457, 3121 and any other future City plan • Review Benefit Funding Services Group Quarterly Reviews, analysis and reports and provide feedback and recommendations and attend Quarterly meetings as required • Assist in overseeing any vendor relationships including Plan Provider, Trustee, and other consultants, and perform due diligence and benchmarking of delegated vendors and professional needed to perform plan administration 25J -45