Deferred Compensation
The city is conducting the search on behalf of its $17.8 million deferred compensation plans.
The deferred compensation plan last conducted a search for the services in 2018.
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.