The City of Aurora is issuing this Request for Qualifications (RFQ) to qualified retirement plan advisors capable of providing fiduciary expertise, consulting, and consolidation services for our employee deferred compensation programs. The City’s goal is to streamline the administration of its deferred compensation plans offered to employees while simultaneously providing prudent investment choices and minimizing participant costs. The purpose of this RFQ is to ascertain which advisor can best provide these types of services to support the City’s 457 deferred compensation plans.

The City of Aurora is interested in contracting with a retirement plan consultant for the following services:

• Review of the current investment structure and recommendations for consolidation of plans for ease of plan management while minimizing participant cost
• Review of investment options and ongoing monitoring
• Identification of the appropriate share class to be utilized for each investment option
• Assistance with record-keeper review, benchmarking, and possible transition and consolidation