Award

Merced County 7576

Deferred Compensation Plan Consulting Services

Recipient

Hyas Group, a separate business unit within Morgan Stanley Institutional Investment Advisors LLC

Awarded

October 10, 2024

Identifier

7576

Merced County awarded a contract for Deferred Compensation Plan Consulting Services to provide expert advice and support for the administration of the County's Section 457(b) Deferred Compensation Plan. The contract is for three years with options to extend, focusing on plan compliance, investment performance, fees, and education.

Description

Merced County is accepting proposals for DEFERRED COMPENSATION PLAN CONSULTING SERVICES. The winning bidder will provide objective and independent advice to the Merced County Deferred Compensation Standing Committee and their support staff, solely in the interest of Plan participants and their beneficiaries. The contract term is three years with the option to extend for two additional one-year periods. The awarded Bidder will provide information and advice regarding plan compliance with applicable federal and state laws, investment plan performance, participant cost, plan/investment management, and administrative support to the Committee.

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