Description
The Cherokee Nation is seeking a qualified fiduciary consulting firm or individual to provide non‑discretionary (3 (21)) advisory services for its employee 401(k) retirement plan. The contractor will review plan data, recommend investment options, negotiate vendor fees, support the Pension Committee, and ensure compliance with ERISA and other regulations. The effort runs through September 30 2027 with optional extensions.
• Review existing plan data, develop RFP questions, and act as fiduciary advisor.
• Conduct investment analysis, produce written recommendations, and monitor performance against benchmarks.
• Draft vendor responses, assist with vendor evaluations, negotiate fees, and attend quarterly Pension Committee meetings (in‑person preferred).
• Provide regular reporting, policy templates, and staff education on plan‑related regulatory changes.
• Must meet minimum qualifications (≥10 years experience, ≥3 accounts with >1,000 employees) and carry required insurance, including $2 M cyber‑liability coverage.