Pike RFP

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OPTIONAL SERVICES
The Participant Advice SolutionTM
 Delivery of The Participant Advice SolutionTM which includes the following services:
 Opportunity for employees to sit down with a CBIZ advisor to discuss their individual
retirement situation
 Confidential participant questionnaire
 Review of the employee's retirement plan investments and delivery of investment advice
CBIZ Financial Wellness SolutionsTM
Financial Finesse
 Deliver Financial Learning Center (provided by Financial Finesse) and Financial Wellness
Assessment to participants; consult with client regarding delivery of services and communication
plan
 Provide personalized action plan to participants who take Financial Wellness Assessment
 Provide mobile application (Financial Finesse) to participants
 Provide Workforce Financial Wellness Assessment report to the client, documenting participation
rates, plan level outcomes, and results by segment; identify additional opportunities
 Provide Certified Financial Planner (CFP) Helpline (provided by Financial Finesse)
2. CBIZ RPS Non-Fiduciary Services
The Fiduciary Governance SolutionTM
 Draft and maintain Retirement Plan Committee Charter, outlining the roles and responsibilities of
the Retirement Plan Committee
 Draft and maintain the Investment Policy Statement (IPS)
 Provide updates on current regulatory issues surrounding retirement plans (Ex. Pension Protection
Act, company stock, Roth 401(k), automatic enrollment)
 Prepare consultant review documentation as required by ERISA
 Review Retirement Plan Committee meeting minutes
 Provide The Fiduciary TrainerTM to Retirement Plan Committee and Board
o Topics include: an overview of fiduciary responsibility, establishing prudent fiduciary
processes, common pitfalls and conflicts of interest
 Implementation of The Responsibility DelegatorTM, a process that formally delegates the plan
responsibility from the Board of Directors to the Retirement Plan Committee and establishes a
feedback loop to the Board
 Provide ERISA 404(c) checklist and assist with annual adherence
 Provide Annual Summary of Accomplishments template and review Client draft annually for
submission to Board of Directors
 Provide and periodically update Client Success TrackerTM, a comprehensive checklist that
measures and tracks progress in each area of plan management
The Fee and Expense Documentation SolutionTM
 Periodically review and evaluate the current fees and expenses of all current service providers (i.e.
vendor, third party administrator, consultant, and investment managers)
 Prepare periodic benchmarking of investment option expenses
 Prepare periodic comparison of the total plan expense to industry averages for plans of similar
size and/or alternative service providers
 Request and provide annual fee disclosure from service providers
 Periodic review of ERISA account balance, annual deposit and usage
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