Agreements 2013-091 - Deferred Compensation 457(b) Plan Provider.pdf

The document details an agreement between the City of Palm Beach Gardens and the International City Management Association Retirement Corporation (ICMA-RC) for the administration of a Deferred Compensation 457(b) Plan for city employees. ICMA-RC will provide services such as participant enrollment, account maintenance, investment options, educational services, and communication with participants. The agreement covers the adoption of the Vantage Trust for investment, an exclusivity agreement, provision of necessary information by the City, and other administrative aspects related to the plan. It also mentions the competitive selection process that led to ICMA-RC being chosen as the plan provider.