SCHEDULE OF SERVICES
City oF NASHUA, NH BOARD OF PUBLIC WORKS EMPLOYEES’ RETIREMENT SYSTEM
in-Scope Plan sponsor website with on-line access to Plan
Administrative Adrninistration tools
Services # Participant website with interactive benefit caiculation
capabilities
® Routine consulting related to administrative services listed
above
% Accumulate, reconcile and maintain a comprehensive
participant database (actives/terminated vested/retirees)
*® Collection and reconciliation of participant data monthly, and
as needed for benefit calculations 931,500
# Review of eligibility determination & vesting determination
# Annual participant statements for active participants®
® Benefit estimates, calculations and preparation of
distribution/election forms*
* Processing of distribution/election forms*
® Distribution processing included interaction with the
participant from initiation through fulfillment including
validation of form completion**
® Service Center (phone support) for participants and plan
sponsor contact**
2 Address verification letters including PBI searches if bad
address identified**
® Administering process when death reported**
Retirement ® Ongoing monthly benefit payments processing, including a mix
Benefit Payment of paper checks and EFTs
Processing $10,000***
Out of Scope ® All other services not described above
Services # Out of scope services are billed hourly based on the hourly
rates of staff completing the services. Hourly rates for ad-hoc Hourly
projects are referenced below.
Total for In-Scope $41,500
Services
HOOKER & HOLCOMBE | HHCONSULTANTS.COM PAGE 5
