Administrator/Record Keeper
The city is seeking a provider for its four defined contribution plans.
The requested services have been done by pension plan employees and its investment manager to date.
The university retained two firms to provide record keeping and administrative services for its defined contribution plans following a search from 2025.
The plan is seeking a firm to provide retirement plan administration, record keeping, education, communications, investment-related and other services.
The town is searching for administrative, investment advisory and actuarial services for its plans.
Empower currently provides the services for the deferred compensation plan.
The plans had been slated to issue the RFP following the onboarding of new investment advisor Innovest Portfolio Solutions earlier this year.
City manager and council approval of a selected firm are scheduled for Aug. 10.
The program hired a firm to provide administration, record keeping and responsive customer service for its portfolio after launching a search in late 2024.
The county received five proposals in response to an RFP issued on behalf of its deferred compensation plan in August.
