Deferred Compensation
The city is considering consolidating its two deferred compensations plans into a single one.
The city is seeking the services on behalf of its $8 million 457 deferred compensation plan.
A Texas-based deferred compensation plan will review emerging markets equity managers to replace its incumbent mandate this week.
Authority expects to award a contract with a selected firm on Friday for services on behalf of its 457(b), 401(a) and retirement health savings plans.
The 457(b) and 401(a) plans are in the market for record keeping/administration, communication/education and custodial trustee services.
The plan also added a second bond fund option for participants last quarter.
The New Jersey city is seeking the services on behalf of its $9 million deferred compensation plan.
The deferred compensation plan’s incumbent general investment consultant scored the highest of six total proposers.
The sanitary district is seeking retirement plan advisory services on behalf of a 457 plan.
The authority is seeking the services on behalf of its defined benefit, 457(b) and 401(a) plans.