Administrator/Record Keeper
The plan had been expected to conduct a search for the services due to its incumbent’s upcoming Dec. 31 contract expiration.
The deferred compensation plans are looking to potentially consolidate record keeping services with one provider.
The city is seeking record keeping services for its 457(b) and 401(a) plans.
The county last conducted a search for the services on behalf of its 457(b) and 401(a) plans in 2019.
The authority selected three firms to provide record keeping services for its two plans.
The county’s negotiations with the previously selected record keeper were terminated.
The plan is looking to review other options after working with its incumbent for many years.
The deferred compensation plan will consider potentially replacing two equity managers, which are both on watch.
The investment manager for four 529 plans has teamed up with another firm to provide record keeping and other services for the college savings programs.
The city is looking to consolidate its current two vendor model.
