FINANCIAL_SERVICESAWARDED

Ivy Tech Community College State Board of Trustees Meeting Agenda Packet 2026-06-04

Voya Selected as Ivy Tech Retirement Recordkeeper

Fees paid by plan participants; value exceeds $500,000 during contract termIvy Tech Community CollegeVOYA INSTITUTIONAL TRUST COMPANYJune 4, 2026

Trusted by teams at

Description

Ivy Tech approved Voya Institutional Trust Company as the new retirement plan recordkeeper effective October 2026, replacing Transamerica for all employee 403(b) and 457(b) plans.

Contract Details

Contract Amount

Fees paid by plan participants; value exceeds $500,000 during contract term

Vendor

VOYA INSTITUTIONAL TRUST COMPANY

Agency

Ivy Tech Community College, IN

Contract Type

FINANCIAL_SERVICES

Document Date

June 4, 2026

Contract Term

Expected to begin on or about October 1, 2026

Renewal Info

Multi-year contract; transition from prior 10-year vendor (Transamerica) with lower fees and more services.

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