Boardroom Services

Investment advisor representative (“IAR”) will make selections based on the criteria established by the Plan and communicated in writing by IAR.

 IAR will make changes to investment options under the Plan. However, any related trades will be executed by the custodian or a party other than Private Advisor Group or IAR.

IAR will select investment options in connection with the “broad range” requirement of ERISA 404(c).

IAR will select an investment fund product or model portfolio in connection with the definition of a “Qualified Default Investment Alternative” (“QDIA”) under ERISA.

IAR will recommend for consideration and approval by client custom target-date or risk-based model portfolios based upon certain criteria stated in the investment policy statement (“IPS”).

The advisor Representative will make available to the Plan Participants “Point in Time” recommendations and investment advice regarding investment options of the plan. Investment advice and recommendations are based off of the risk profile as generated by information provided by the plan participants. The participant retains sole discretion of their investment of their account. The Advisor Representative role terminates at the conclusion of the point in time meeting.

Investment advisor representative (“IAR”) will assist the Plan in the preparation or review of an investment policy statement (“IPS”) for the Plan, based upon consultation with Client, to ascertain the Plan’s investment objectives and constraints.

IAR shall assist the Plan by acting as a liaison between the Plan and service providers, product sponsors or vendors. In such cases, IAR shall act only in accordance with instructions from Client on Plan administration matters and shall not exercise judgment or discretion on such matters.

IAR will prepare reports describing the performance of Plan investment manager(s) or investments, as the case may be, as well as comparing the performance thereof to benchmarks.

IAR will provide training for the members of the Plan Committee with regard to their service on the Committee, including education and consulting with respect to fiduciary responsibilities.

IAR will design an education plan and policy statement that may include information about the investment options under the Plan (e.g., investment objectives, risk/return characteristics and historical performance), investment concepts (e.g., diversification, asset classes and risk and return), the determination of investment time horizons and the assessment of risk tolerance.

IAR will assist Client in enrolling participants in the Plan, including conducting an agreed-upon number of enrollment meetings.

IAR will assist with the preparation, distribution and evaluation of Requests for Proposal, finalist interviews and conversion support.

IAR will provide Client with comparisons of Plan data (e.g., regarding fees and services and participant enrollment and contributions) to data from the Plan’s prior years and/or a benchmark group of similar plans.

IAR will assist Client in identifying the fees and other costs borne by the Plan, as specified by Client, for investment management, recordkeeping, participant education, participant communication and/or other services provided with respect to the Plan.

Plan Sponsor representatives, including investment committee representatives, may have access to the Standard of (k)are™ software and hosted services.