Administrator/Record Keeper
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.
The county issued an RFP seeking a deferred compensation plan administrator.
The county 457 plan is on the lookout for third-party administrative services.
The city hired a new provider for its $121 million 457(b) plans.
The plan is seeking record keeping, communication and investment services.
The plans previously worked with Corebridge Financial.
The deferred compensation plan previously conducted a search for the services in 2018.
