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3. Does the Proposal cover the provision of all the services and accept all the terns outlined in this RFP? 4. Briefly describe the history of each vendor. 5. Has any vendor that is part of the Proposal ever been involved in a voluntary or involuntary bankruptcy action? Has any vendor that is part of this Proposal ever made any assignment for the benefit of its creditors? If yes to either of these questions provide complete details. 6. List the five largest public employer H FAA programs presently provided services by the vendors that make up the Proposal. Describe the terms and conditions of the HI A program* including whether there is an associated investment vehicle. With respect to each identified H RA program include the approximate number of participants, annual deferral amounts, total plan assets} date or original installation, and the name and telephone number of an employer reference who may be contacted by the City. Is each vendor licensed to conduct business in Minnesota? If not, please attach an opinion of counsel as to whether he or she anticipates any difficulties in obtaining all necessary licenses prior to the effective date of the contract. w L 8. Briefly describe each vendors record keeping abilities and methodology. Describe each vendors experience in interfacing on a daily basis with a variety of investment companies. g. Can you provide quarterly participant statements of account? If so will you send statements to each participants home regarding their individual accounts and also send a full plan report to the city? If not, please explain. In the past 12 months, ghat percentages of statements were not mailed on the normal mail date because of an unresolved discrepancy? 10. Does your statement of account list each deposit separately? Will it list individual account balances' 11. What advisory services will you provide the City ' in administering its Plan in conformance with the appropriate laws and regulations? 12. Describe any fiduciary responsibilities the City and /or union assumes by the Citys adopting your Plan. 13. What management and administrative work is required by the city to implement your Plan's What continuing requirements are there? can yov provide an estimate of City hours typically required for an organization of the city(s size? 14. Who is the Plan Trustee? How long has the Trustee provided fiduciary services for employee benefits plans (e.g.., Pension, profit sharing, and Page 16