Administrator/Record Keeper
A total of three firms were considered in the search.
The plan’s incumbent managers were first hired in 2018.
The county is looking to consolidate the services with one provider.
The city expects to select a firm on Oct. 21.
The administrator will be responsible for two deferred compensation plans with more than $420 million in assets.
The township is seeking record keeping, investment management and education services on behalf of its deferred compensation plans.
The city has issued RFPs seeking investment advisory and record keeping services for its $57.6 million 457 plan.
The city is seeking bundled services on behalf of its $305.9 million deferred compensation and $2.1 million defined contribution plans.
The plans currently work with Corebridge Financial.