Empower Retirement currently provides the services for the city’s deferred compensation and defined contribution plans.
The program is searching for administration, management and investment management services.
The university is seeking firms to provide record keeping and administrative services for its defined contribution plans, which includes 403(b), 401(a), 457(b), 457(f) and 415(m) plans.
The city is seeking record keeping services on behalf of its $3.75 million 457(b) retirement plan.
Creative Planning is assisting with the search.
The city issued an RFP in July seeking a firm to provide record keeping services for its plans.
The city issued a record keeper RFP on behalf of the plans in December.
The plan received four proposals in response to its record keeper search.
The city is seeking plan administrators for its $11.1 million 457 and $2.7 million 401(a) plans.
The current TPA contract is set to expire on June 30.