Laserfiche WebLink
<br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> EXHIBIT 1 A <br /> <br /> SERVICES <br /> <br /> PARS will provide the following services for the City of Santa Ana Section 3121 Part-Time <br /> Seasonal Temporary Deferred Compensation Plan: <br /> <br /> 1. Plan Installation Services: <br /> <br /> (A) Meeting with appropriate Agency personnel to discuss plan provisions, <br /> implementation timelines, benefit communication strategies, data reporting and <br /> contribution submission requirements; <br /> (B) Providing the necessary analysis and advisory services to finalize these elements of <br /> the Plan; <br /> (C) Providing the documentation needed to establish the Plan for review by Agency legal <br /> counsel, which must be reviewed and approved by the Agency, as demonstrated by <br /> the execution of this Agreement prior to the commencement of PARS services. <br /> 2. Plan Administration Services: <br /> <br /> (A) Monitoring the receipt of Plan contributions made by the Agency to the trustee of the <br /> PARS Trust ("Trustee"), based upon information received from the Agency and the <br /> Trustee; <br /> (B) Performing periodic accounting of Plan assets, including the allocation of employer <br /> and employee contributions, distributions, investment activity and expenses (if <br /> applicable) to individual Participant accounts, based upon information received from <br /> the Agency and/or Trustee; <br /> (C) Acting as ongoing liaison between the Participant and the Agency in regard to <br /> distribution payments, which shall include use by the Participants of toll-free <br /> telephone communication to PARS; <br /> (D) Coordinating the processing of Participant distribution payments pursuant to <br /> authorized written Agency certification of distribution eligibility, authorized direction <br /> by the Agency, the provisions further contained in this Agreement, and the provisions <br /> of the Plan; <br /> (E) Directing Trustee to make Participant distribution payments, pursuant to the Agency <br /> authorization provisions in this Agreement, and producing required tax filings <br /> regarding said distribution payments; <br /> (F) Notifying the Trustee of the amount of Plan assets available for further investment <br /> and management, or, the amount of Plan assets necessary to be liquidated in order to <br /> fund Participant distribution payments; <br /> <br /> (G) Coordinating actions with the Trustee as directed by the Plan Administrator within <br /> the scope this Agreement; <br /> (H) Preparing and submitting a periodic Non-Contribution report which includes all <br /> Participants who have received no new contributions for a period of time as specified <br /> Page 6 <br /> <br /> 55A-13 <br />