(a) The nature and extent of the rights and benefits to be provided by those contracts or accounts, or both, for participants and their beneficiaries;
(b) The relation of those rights and benefits to the amount of contributions to be made;
(c) The suitability of those rights and benefits to the needs of the participants;
(d) The efficacy of the contracts or accounts, or both, in the recruitment and retention of faculty and administrators;
(e) The ability and experience of the designated companies in providing those suitable rights and benefits under those contracts or accounts, or both; and
(f) The ability and experience of the designated companies to provide both suitable participant investment guidance and investment options.