Administrator/Record Keeper
The deferred compensation plan previously conducted a search for the services in 2018.
The city anticipates hearing finalist presentations in late spring 2026.
The state launched a similar search for services late last year.
The city has rehired the record keeper for its $877 million Defined Contribution and Deferred Compensation Plans.
The plan is seeking a single service provider.
The hires conclude an RFP process that began in September due to upcoming contract expirations.
The plan is seeking a firm to provide record keeping, administration and custodial trustee services.
The town received eight submissions in response to an RFQ issued in August.
The current provider will see its contract expire next year.
The deferred compensation plan received seven proposals in response to an RFP issued in April.