457(b) Deferred Compensation and 401(a) Defined Contribution Plan Recordkeeping and Administration

The City of Independence, Missouri, issued a Request for Proposal (RFP) for recordkeeping, administrative, and compliance services for its 457(b) Deferred Compensation Plan and 401(a) Defined Contribution Plan. The contract was awarded to Voya Financial Advisors. The RFP included various documents, such as the proposal document, vendor certification, and QA responses. The contract is for an unspecified duration, and the contract value is not explicitly stated. The scope of work includes recordkeeping, administrative, and compliance services for the City's retirement plans. Key points to consider: • Recordkeeping and administrative services for 457(b) and 401(a) plans • Compliance services for the plans • Contract awarded to Voya Financial Advisors • Various documents provided, including proposal document, vendor certification, and QA responses • Contract duration and value not explicitly stated