RFP 26-011-67 Deferred Compensation Plan Administration

The Shelby County Government is seeking a provider to administer its Deferred Compensation Plan for public employees. The plan is a 457 governmental plan, and the provider will be responsible for managing the plan's assets and providing investment options to participants. The plan has a total of $156,076,751.70 in assets, with the top 10 plan assets making up 92.28% of the total. The plan's investment options include a range of mutual funds and other investments, and the provider will be responsible for monitoring and managing these investments. The provider will also be responsible for providing educational resources and support to plan participants. • The plan's assets are currently managed by a range of providers, including Vanguard, MFS, and American Funds. • The plan's investment options include a range of asset classes, including domestic and international equities, fixed income, and alternative investments. • The provider will be responsible for providing regular reports and updates to the plan sponsor and participants. • The provider will also be responsible for ensuring compliance with all relevant laws and regulations, including ERISA and the Internal Revenue Code.