Administrator/Record Keeper
The deferred compensation plan is seeking both record keeping and custodian services.
The system hired a single record keeper for its five defined contributions plans after launching an RFP process in the second quarter.
The county is looking to consolidate to a single record keeper for its 457 plan.
The selection firm will provide services such as administration, record keeping and investments.
The selected firm will serve from July 1 through June 30, 2028.
The plan last conducted a similar search in 2017.
A federal securities regulator has fined 11 firms with failing to preserve electronic communications.
The authority has issued an RFP seeking administration and record keeping services for its defined contribution plans.
The plan conducted similar searches in 2019 and 2013.
MissionSquare Retirement currently provides record keeping and administrative services for the authority’s plans.