Laserfiche WebLink
ADMINISTRATIVE SERVICES AGREEMENT <br /> This Administrative Services Agreement("Agreement"),made as of the day <br /> of , 20 between the International City Management Association <br /> Retirement Corporation("ICMA-RC"), a nonprofit corporation organized and existing <br /> under the laws of the State of Delaware, and the City of Everett("Employer"), a City <br /> organized and existing under the laws of the State of Washington with an office at 2930 <br /> Wetmore Avenue, Suite 5-A,Everett, Washington 98201. <br /> RECITALS <br /> Employer acts as public plan sponsor of a retirement plan("Plan"), and in that <br /> capacity,has responsibility to obtain administrative services and investment alternatives <br /> for the Plan; <br /> VantageTrust is a group trust established and maintained in accordance with New <br /> Hampshire Revised Statutes Annotated section 391:1 and Internal Revenue Service <br /> Revenue Ruling 81-100, 1981-1 C.B. 326,which provides for the commingled <br /> investment of retirement funds; <br /> ICMA-RC,or its wholly owned subsidiary, acts as investment adviser to <br /> VantageTrust Company,LLC,the Trustee of VantageTrust; <br /> ICMA-RC has designed, and VantageTrust offers, a series of separate funds (the <br /> "Funds") for the investment of plan assets as referenced in VantageTrust's principal <br /> disclosure documents,the VantageTrust Disclosure Memorandum and the Funds' Fact <br /> Sheets (together, "VT Disclosures"); and <br /> ICMA-RC provides a range of services to public employers for the operation of <br /> employee retirement plans including,but not limited to,communications concerning <br /> investment alternatives, account maintenance, account recordkeeping, investment and tax <br /> reporting,transaction processing,and benefit disbursement. <br /> 1 of 13 <br />