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457 Deferred Compensation and Plan Fiduciary Advisor Services

Overview


Financial, Legal, HR & Staffing
Los Angeles, California, United StatesPosted: July 31st, 2026Deadline: August 13th, 2026

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SUMMARY


A Los Angeles government authority is seeking a fiduciary advisor for its employee 457(b) deferred compensation plan. Services include investment oversight, development of an Investment Policy Statement, asset selection and monitoring, and management of default investment options.

DESCRIPTION


A government authority in Los Angeles, California seeks a vendor to provide 457 deferred compensation and plan fiduciary advisor services. The selected advisor will provide investment advisory services for the agency employee 457(b) plan and its investments, for which Empower Retirement currently serves as record-keeper.

Responsibilities include developing an Investment Policy Statement, assuming responsibility for selecting, monitoring, and replacing plan assets, and selecting and monitoring default plan investments. The contract period will be one year.

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Frequently asked questions


When is the submission deadline?
Submissions are due August 13, 2026.
Who is a good fit for this opportunity?
  • Registered investment advisor or institutional retirement-plan consulting firm
  • Proven experience advising governmental 457(b) deferred compensation plans
  • Expertise in fiduciary governance, Investment Policy Statements, and investment selection
  • Experience monitoring and replacing plan assets and evaluating default investments
  • Ability to coordinate with existing retirement-plan record-keepers

Analysis generated by Settle AI from the source RFP.

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