Administrator/Record Keeper
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.
The community college is searching for a firm to provide comprehensive administrative and record keeping services for its defined benefit 403(b) plan and deferred compensation 457(b) plan.
The deferred compensation plans had worked with their incumbent record keeper since 2012.
The plans received four submissions in response to an RFQ.
The city consolidated to one provider following a similar search process launched in 2015.
