Administrator/Record Keeper
The 457(b) and 401(a) plans are in the market for record keeping/administration, communication/education and custodial trustee services.
The city last conducted a similar search for its retirement plans in 2017.
The plans terminated their mandate with domestic core-plus fixed-income manager Western Asset Management and hired a new record keeper in the fourth quarter.
The plans previously utilized MissionSquare Retirement.
The incumbent provider will see its contract with the plans expire in August.
The town last conducted a bundled provider search in 2017 on behalf of its deferred compensation plan.
The plan has retained its incumbent to continue providing record keeping and administration services.
The sanitary district is seeking retirement plan advisory services on behalf of a 457 plan.
An authority overseeing a college savings plan in the Midwest has renewed its contracts with a record keeper and two investment managers.