Traverse City ACT 345 Retirement System Board Agenda Packet 2026-05-26
Board Approves Q1 2026 T. Rowe Price Fees
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Description
The ACT 345 Retirement System Board approved payment of T. Rowe Price investment management fees of $9,479.49 for the first quarter of 2026. This payment covers professional management of a portion of the system’s investment portfolio.
Contract Details
Contract Amount
$9,479.49
Vendor
T. ROWE PRICE
Agency
City of Traverse, MI
Contract Type
FINANCIAL_SERVICES
Document Date
May 26, 2026
Contract Term
Q1 2026
Renewal Date
2026-03-31
Renewal Info
Ongoing investment management relationship; Q1 2026 fee payment reflects continuing services under existing agreement.
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