Retirement Investment and Recordkeeping Services

Johnson County, KS is seeking a full-service provider to offer recordkeeping, administration, and investment services for their 457 and 401(a) plans. The provider will be responsible for maintaining an average savings rate of 5% for the Johnson County 457 plan and an average Plan Participation Rate of 67% in the Johnson County 457 plans. The provider will also be required to provide participant statements, plan review reports, and other services. The contract will be for a three-year period with the option to renew for up to five additional one-year periods. Key points: • The provider will be responsible for recordkeeping, administration, and investment services for the 457 and 401(a) plans. • The provider must maintain an average savings rate of 5% for the Johnson County 457 plan. • The provider must maintain an average Plan Participation Rate of 67% in the Johnson County 457 plans. • The provider will be required to provide participant statements, plan review reports, and other services. • The contract will be for a three-year period with the option to renew for up to five additional one-year periods.