Administrator - Bundled
The plan currently utilizes three providers and is looking to hire a single provider.
The city is seeking a single firm for record keeping and administration services across its 457(b), 401(a) and retirement health savings plans.
The program last conducted a search for record keeping, plan administration and claims processing services in 2017.
The program will stick with its four incumbent providers for the services.
The city hired a new administrator for its $11.1 million 457 and $2.7 million 401(a) plans last month.
The county is looking to consolidate the services with one provider.
The investment pool has selected a new firm to provide bundled provider services.
The plan is seeking a firm to provide record keeping and administration services.
The plans are seeking a full range of investment, custodial and record keeping services.
The town expects to select a firm on Oct. 15.