Administrative Services Agreement for 457 Plans Considered
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Description
OCERS is set to enter an Administrative Services Agreement with the Oklahoma City Deferred Compensation Board and the City to administer the 457 Deferred Compensation Plans and Money Purchase Plan & Trusts 8751 and 7697. The agreement runs from July 1, 2024 to June 30, 2025 and provides $170,300 in revenue to OCERS.
Contract Details
Vendor
OKLAHOMA CITY DEFERRED COMPENSATION BOARD
Agency
City of Oklahoma, OK
Contract Type
FINANCIAL_SERVICES
Document Date
December 11, 2025
Contract Term
July 1, 2024 through June 30, 2025
Renewal Date
2025-06-30
Renewal Info
One-year administrative services agreement for deferred compensation and money purchase plans; may be renewed annually subject to Board approval.
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