Deferred Compensation Plan Services

The vendor required to provide deferred compensation plan started in 1985 and currently has $213 million in assets, as of 9/30/2025. 
- Agency employs approximately 5,400+ benefit eligible employees that provide service within the city and encompassing county.
- There are 3,511 participants with an average account balance of $60k. 
- There are 2,038 active participants contributing to the plan. 
- There are 24 investment options available, counting the target date fund suite as a single offering. 
- The plan has 193 outstanding loans with an average loan balance of $6,707.

- Contract Period/Term: 1 year
- Questions/Inquires Deadline: November 24, 2025