N.J. Admin. Code § 17:7-3.3

Current through Register Vol. 56, No. 21, November 4, 2024

Section 17:7-3.3 - Performance review

(a) The Division shall review on an annual basis, or sooner if needed:

1. The financial soundness of the company, the extent of the company's financial commitment to the contracts and investment options, and whether the company meets the minimum financial criteria established by the Division;

2. The company's overall quality of service, its investment performance considering return on investments and risk, the administrative fee to be charged to participants, and the offering of a balanced array of investment opportunities; and

3. The nature of the informational or promotional materials to be provided to eligible employees.

N.J. Admin. Code § 17:7-3.3