Deferred Compensation
The selected consultant will assist in conducting an RFP to consolidate its plan service providers to one, among other responsibilities.
A Western deferred compensation plan has issued an RFP seeking an investment consultant.
The utilities board has worked with the incumbent provider since 2019.
The plans have worked with incumbent Innovest Portfolio Solutions since 1999.
The county issued an RFP in February as part of a periodic review of its services.
The authority is seeking retirement investment advisor and consulting services on behalf of its $91 million defined contribution and $22.2 million deferred compensation plans.
The plan interviewed four finalists in the search last month.
City manager and council approval of a selected firm are scheduled for Aug. 10.
The search is on behalf of the authority’s money purchase pension plan and trust.
