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File #: 25-902    Version: 1 Name:
Type: Public Hearing/General Business Status: Agenda Ready
File created: 8/8/2025 In control: Deferred Compensation Committee
On agenda: 8/14/2025 Final action:
Title: Action to Recommend that the City of Santa Clara continue to contract with Fiduciary Consulting Group (formerly the Hyas Group) on the 457(b) Plan.
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REPORT TO DEFERRED COMPENSATION COMMITTEE

SUBJECT

Title

Action to Recommend that the City of Santa Clara continue to contract with Fiduciary Consulting Group (formerly the Hyas Group) on the 457(b) Plan.

 

Report

DISCUSSION

This is an action report item for the Committee.

 

The Hyas Group provided fiduciary services related to the City’s Deferred Compensation Plan since 2019.  After completing the formal RFP process, it was determined that the Hyas Group (now Fiduciary Consulting Group) would provide the best services. Approval of this recommendation will extend these services.

 

 

RECOMMENDATION

Recommendation

Approve Fiduciary Consulting Group to continue providing consulting services related to the Deferred Compensation Plan