Administrator/Record Keeper
The plan is working with Benefit Financial Services Group and anticipates a selection in April.
The plan has issued an RFP seeking record keeping and administration services.
The search is due to the impending contract expiration of its incumbent.
City is seeking a consultant to oversee its roughly $21 million deferred compensation plan.
The plan has issued an RFP seeking the services for its $103.5 million 457(b) plan.
The plans terminated an international value equity manager, which had been on watch, and hired a record keeper and custodian last week.
AIG Retirement Services currently serves as the plan’s record keeper.
Plan is seeking a firm to provide record keeping, plan administration and participant services.
The current record keeper’s contract is set to expire next summer.