Retirement Plan Investment Review Services

Ferris State University is seeking a qualified firm to provide professional consulting and advisory services for the review and ongoing oversight of the organization's 401(k)/403(b)/retirement plan investment options. The goal is to ensure the plan offers competitive, diversified, and cost-effective investment options that meet the fiduciary responsibilities of the organization and support participants' long-term retirement readiness. The selected firm will be expected to provide services such as conducting a comprehensive investment review, evaluating investment performance, assessing compliance, and recommending changes or replacements as appropriate. • Conduct a comprehensive investment review of all plan investment options. • Evaluate investment performance, risk, fees, and benchmarks. • Assess compliance pursuant to our Human Resources Policy & Procedures and any applicable Board of Trustee Policies. • Recommend changes or replacements as appropriate. • Benchmark plan fees and expenses. • Assist with updates to the Investment Policy Statement, if needed. • Attend investment review committee meetings. • Advise on best practices for fiduciary governance.