Relationship Objectives of Third Party Vendor The following objectives are primary to The Arizona Sports Foundation when selecting a Plan Consultant to assist them in the management of its retirement plan. The Plan Consultant will have the ability to: Furnish investment advice and consulting services. Evaluate, review and provide guidance to The Arizona Sports Foundation on retirement investment policies and objectives. Provide quarterly performance reports and exhibits as needed to adequately measure investment performance. Attend meetings with The Arizona Sports Foundation’s senior and executive management as well as the audit and compliance committee when requested. Act as liaison between The Arizona Sports Foundation and its service provider to resolve any issues that may arise and to otherwise facilitate ongoing operational efficiency. Annually review the plans’ Investment Policy Statement (IPS), and where appropriate, make and implement recommendations and changes to the IPS as agreed to by The Arizona Sports Foundation. Review all fees paid for by the plan for investment and administrative services provided to assure ongoing reasonableness. Perform an annual review of the fiduciary and governance structure of the plans to ensure ongoing compliance and minimization of risk. Provide to The Arizona Sports Foundation ongoing updates and recommendations with regard to plan design, investment management, legal or regulatory changes, marketplace practices, and any other developments which may help maintain or enhance the ongoing performance of the plans. Provide assistance with the ongoing employee education and communications strategy, including oversight of and assistance with all required IRS & DOL employees notices. Provide detailed account billing which allows The Arizona Sports Foundation to easily identify and verify the calculation of all fees charged for services rendered and their compliance with contract pricing.
Relationship Objectives of Third Party Vendor The following objectives are primary to The Arizona Sports Foundation when selecting a Plan Consultant to assist them in the management of its retirement plan. The Plan Consultant will have the ability to: Furnish investment advice and consulting services. Evaluate, review and provide guidance to The Arizona Sports Foundation on retirement investment policies and objectives. Provide quarterly performance reports and exhibits as needed to adequately measure investment performance. Attend meetings with The Arizona Sports Foundation’s senior and executive management as well as the audit and compliance committee when requested. Act as liaison between The Arizona Sports Foundation and its service provider to resolve any issues that may arise and to otherwise facilitate ongoing operational efficiency. Annually review the plans’ Investment Policy Statement (IPS), and where appropriate, make and implement recommendations and changes to the IPS as agreed to by The Arizona Sports Foundation. Review all fees paid for by the plan for investment and administrative services provided to assure ongoing reasonableness. Perform an annual review of the fiduciary and governance structure of the plans to ensure ongoing compliance and minimization of risk. Provide to The Arizona Sports Foundation ongoing updates and recommendations with regard to plan design, investment management, legal or regulatory changes, marketplace practices, and any other developments which may help maintain or enhance the ongoing performance of the plans. Provide assistance with the ongoing employee education and communications strategy, including oversight of and assistance with all required IRS & DOL employees notices. Provide detailed account billing which allows The Arizona Sports Foundation to easily identify and verify the calculation of all fees charged for services rendered and their compliance with contract pricing.
RFP-401k-consultants-2018.docx