Deferred Compensation
The city is seeking a firm to review its deferred compensation plans among other responsibilities.
The city anticipates hearing finalist presentations in late spring 2026.
The state launched a similar search for services late last year.
The deferred compensation plan had issued an RFP for the services this summer.
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.
