Specifications include, but are not limited to: Furnish investment advice through consultation to the DCAC in the formulation and recommendation of investment policy. This will include the development of modeling and advising on expected return on asset classes, the setting of investment policies and performance evaluation of investment managers and plan investment portfolios. The awarded Bidder will assist the DCAC in selection of investment managers, mutual funds, and stable value investments such as guaranteed investment contracts. Aggregate, analyze and report on participant enrollment, contribution/rollovers, withdrawals, account balances, asset allocations, fees and demographics on a quarterly basis. Analysis should include detailed status and trend information based on State service levels, agency/department, employee age, gender, etc. Samples of current quarterly Plan operations reports are available at https://www.maine.gov/bhr/oeh/benefits/Saving_for_Retirement...
