Administrator/Record Keeper
The county received six proposals in response to an RFP issued in January.
The plan is seeking a firm to provide administration, marketing and record keeping services.
The selected consultant will assist in conducting an RFP to consolidate its plan service providers to one, among other responsibilities.
The deferred compensation plan does not currently utilize an external record keeper.
The pension plan issued an RFP in May seeking services previously provided by staff and its investment manager.
The utilities board has worked with the incumbent provider since 2019.
The plan interviewed two finalists in its third-party administrator search.
The search is being conducted due to the upcoming contract expiration of its incumbent provider.
The county issued an RFP in February as part of a periodic review of its services.
The search is being conducted as the plan’s incumbent will see its contract expire next year.
