CSD-RT RFP Recordkeeping_Administration Services Response 3-

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The Fiduciary Governance SolutionTM
Task Formal
Document Completed
 Proper delegation of duties to Board of Advisors from
Plan Trustees
Declaration of
Trust 
 Proper delegation of duties to Investment Committee
from Plan Trustees
Declaration of
Trust 
 Proper delegation of duties to newly appointed Trustee
Members
Declaration of
Trust 
 Identify framework for investment decisions Investment Policy
Statement (IPS) 
 Engaged outside legal counsel to provide legal advice to
the Retirement Trust - 
 Execute service agreement – VALIC Service
agreement 
 Execute service agreement – CBIZ Retirement Plan
Services
Service
agreement 
Ongoing Fiduciary Governance Items
Task Frequency Last
Occurrence
Next
Occurrence
 Election of new plan trustee Annual 3Q16 3Q17
 Review Investment Committee
membership
Determined by
Board of
Advisors
3Q15 TBD
 Feedback loop to Trustees through
meeting minutes Quarterly 3Q16 4Q16
 Annual summary of activities to
Trustees Annual 4Q15 4Q16
 Review of Investment Policy
Statement (IPS) Annual 4Q15 4Q16
 Formal provider/recordkeeper RFI
and/or RFP As necessary 4Q14 TBD
 Review Annual Consultant Review Annual 4Q15 4Q16
The Registered Investment Advisory (RIA) Solution TM
Task Frequency Last
Occurrence
Next
Occurrence
 Investment monitoring through formal
Investment Review Quarterly 3Q16 4Q16
CSD Retirement Trust
SUCCESS TRACKERTM
As of December 31, 2016