We assist the Board in monitoring and reconciling the LOSAP assets.
We receive duplicate copies of investment statements, then reconcile and balance the investment income and benefit distributions.
We provide a periodic accounting of the Trust Fund, at least annually.
We verify and confirm all benefit payments were made correctly.
We calculate the rate of return on the plan assets and track historical returns.
We are also available to be part of the process of selecting a custodian, portfolio/asset manager, and paying agent.