Administrator/Record Keeper
The plan rehired its incumbent for the services at a board meeting last week.
The search will be launched in the coming weeks as one of the plan’s 2023 initiatives.
The plans are seeking a firm to administer all aspects of its 401(a) and 457(b) plans.
The plan rehired its incumbent following a search launched in the fall.
The contract of the plan’s incumbent is set to expire.
Candidates will be evaluated on firm organization, investment policy development and manager research and performance evaluation, among other considerations.
The plans’ incumbent was most recently rehired in 2018.
The $18 million 457 plan is seeking a record keeper.
A California city is seeking pension and administrative services for a new section 115 trust.
The board has been working with its two incumbent record keepers for the plan since its inception in 1990.