REPORT TO DEFERRED COMPENSATION COMMITTEE
SUBJECT
Title
Action to Review and Approve the Agreement to Continue the Professional Services that Hyas Group Provides Related to the City’s Deferred Compensation Plan
Report
DISCUSSION
This is an action report item for the Committee.
The Hyas Group has been providing fiduciary services related to the City’s Deferred Compensation Plan since 2019. After completing the formal RFP process, it was determined that Hyas Group would provide the best services. Approval of this agreement will extend services through 2029.
RECOMMENDATION
Recommendation
Approve and Authorize the City Manager to execute the Agreement for Professional Services with Hyas Group to provide consulting services related to the Deferred Compensation Plan
ATTACHMENT
1. Hyas - Final Agreement for Deferred Compensation Services