Quarterly Meetings
Set up quarterly meetings to help formulize investment committee from administrative committee
Record Keeping
Take minutes for meetings and maintain these records for our client files and records.
Renegotiate with Vendors
Renegotiate cost savings with vendors and brokers
Delegation of Liability
Create proper delegation of liability for firms and agencies to protect Board of Directors / City Council
Research Independently
Monitor and report to proper authorities, investment research independently from vendor
Educate and Awareness
Educate employees without selling a product on investments and proper financial planning
Understanding Roles and Duties
Fiduciary Functions (investment)
Develop Investment Policy Statement
Evaluate and Monitor Plan's investment options
Comply with and understand Plan documents
Analyze all Plan vendors
Analyze all Plan costs
Prepare summary report for the Board
Settlor Functions (administrative)
Plan design
Plan amendments
Summary Plan Description maintenance
Voluntary corrections
Required participant communication
Prepare summary report for the Board