Administrator/Record Keeper
The city is seeking a bundled provider for two retirement plans totaling more than $1 billion each.
The selected investment consultant will assist with an upcoming record keeper search.
The deferred compensation plan will issue a record keeper RFP due to the upcoming contract expiration of its incumbent provider.
The firm will be tasked with conducting a third-party administrator search.
The county has four retirement plans totaling $441 million.
The system is looking for record keeping and other services on behalf of its 401(a) and 457(b) plans.
The plans conducted a similar search in 2019 that resulted in the hire of Voya Financial.
The plan issued an RFP earlier this year to consolidate to a single provider from its previous three.
The retirement system will hold a special board meeting to vote on its record keeper search after dismissing Executive Director Scott Miller this week.
The plan began a search last November that was canceled earlier this year.