The county deferred compensation plan conducted a similar search for the services in 2017.
The search is due to the upcoming contract expiration of incumbent Empower Retirement, which is invited to rebid.
The deferred compensation plan is looking to consolidate its record keeping and administrative services with a single provider.
The plan had been expected to conduct a search for the services due to its incumbent’s upcoming Dec. 31 contract expiration.
The deferred compensation plans are looking to potentially consolidate record keeping services with one provider.
The city is seeking record keeping services for its 457(b) and 401(a) plans.
The county last conducted a search for the services on behalf of its 457(b) and 401(a) plans in 2019.
The authority selected three firms to provide record keeping services for its two plans.
The county’s negotiations with the previously selected record keeper were terminated.
The plan is looking to review other options after working with its incumbent for many years.