Administrator/Record Keeper
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 deferred compensation plan last conducted a search for the services in 2018.
The firm will provide pension administration and investment management services for the authority’s $5.2 million Money Purchase Pension Plan.
The city is considering consolidating its two deferred compensations plans into a single one.