Deferred Compensation
The deferred compensation plan elected to remain with its incumbent record keeping and administration provider this week.
The county deferred compensation and defined contribution plans swapped out an incumbent core-plus fixed-income manager under scrutiny from the SEC.
The district is seeking investment services for its 401(a) and 457(b) plans, which have a combined $7.7 million in assets.
The selected advisor will provide non-discretionary management of plan investments.
The search is for services on behalf of the county’s 457(b), 401(a) hybrid and 401(a) defined contribution plans.
The plan last conducted a search for the services in 2019.
The authority canceled and reissued a search for retirement plan consulting services initiated in July.
The county deferred compensation plan conducted a similar search for the services in 2017.
The mental health authority is seeking investment advisory services on behalf of its 401(a) and 457(b) plans.
The deferred compensation plan is looking to consolidate its record keeping and administrative services with a single provider.