Deferred Compensation
The city hired incumbent Fiduciary Consulting Group following a similar RFP process in 2019.
The county is seeking the services on behalf of its $9.9 million 457(b) and $414,000 401(a) plan.
Expected services include investment consulting, plan administration and participant education.
The city is seeking plan administration services on behalf of its $25 million 457(b) plan and several others.
The plans’ current consultant contract will expire in January.
The county is looking to consolidate the services with one provider.
The decision to transition the plan follows an investment advisor RFQ launched earlier this year.
The plans last rehired their incumbent to a one-year contract following a search process completed in 2024.
The city hired its incumbent firm following a similar search process conducted in 2017.
The township is seeking record keeping, investment management and education services on behalf of its deferred compensation plans.