Notice Requesting Proposals / Qualifications for Retirement Plan Consulting Serv

The City of San Luis Obispo is seeking proposals from highly qualified and experienced consultants to conduct a comprehensive review of its deferred compensation plans, facilitate a Request for Proposals (RFP), oversee plan conversion and consolidation, as well as provide ongoing fiduciary support such as investment advising services related to the City’s elective retirement plans. The City is looking for a consultant with expertise in governmental 457(b) plans, 401(a) plans, and Retiree Health Savings (RHS) plans. The scope of work includes plan investments, recordkeeper services, and plan design and technical issues. The selected consultant will be required to provide ERISA-style §3(38) discretionary fiduciary advisory services. • The consultant will conduct a comprehensive review of the City's deferred compensation plans. • The consultant will facilitate a Request for Proposals (RFP) for recordkeeping services. • The consultant will oversee plan conversion and consolidation. • The consultant will provide ongoing fiduciary support, including investment advising services. • The consultant will provide ERISA-style §3(38) discretionary fiduciary advisory services.