This contract provides comprehensive retirement‑plan administration services for the Jacksonville Aviation Authority’s 457(b) deferred compensation and 401(a) pension plans. Empower Retirement (formerly Mass Mutual) will be responsible for record‑keeping, participant education, investment option management, and ongoing plan compliance throughout a ten‑year term. The agreement includes full‑service administration, reporting, and fiduciary support, ensuring that JAA employees receive consistent retirement‑benefit services.
• Scope: Administration, record‑keeping, education, and investment services for 457(b) and 401(a) plans.
• Term: Effective August 6 2021 – July 31 2031 (10‑year period).
• Vendor: Empower Retirement (formerly Mass Mutual), a national provider of retirement‑plan solutions.