U.S. Bank Continues Del Mar Pension Trust Services
City of Del MarCity · Del Mar, CA- Disclosed value
- Target Index-Based Strategies discretionary trustee/investment management fees were illustrated at 0.066% annually. Managed Strategies fees were illustrated at 0.335% annually; directed trustee fees range from 0.05% to 0.03% depending on assets, plus a $10-per-transaction trade-processing fee.
- From report
- Document date
- Nov 14, 2026
The 30-second brief
U.S. Bank continues to serve as trustee and custodian for Del Mar’s Section 115 pension trust and related investment assets. The Finance Committee reviewed fee structures for U.S. Bank trustee and investment-management services as part of the investment strategy discussion.
U.S. Bank holds this financial services contract with City of Del Mar. Its other public contracts on record include work for Madison County and Williston Park District.
Term as filed: Ongoing; trustee and custodial services for the Section 115 trust and City investment portfolio.
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Contract details
- Contract type
- Financial Services
- Amount
- Target Index-Based Strategies discretionary trustee/investment management fees were illustrated at 0.066% annually. Managed Strategies fees were illustrated at 0.335% annually; directed trustee fees range from 0.05% to 0.03% depending on assets, plus a $10-per-transaction trade-processing fee.
- Document date
- November 14, 2026
- Term
- Ongoing; trustee and custodial services for the Section 115 trust and City investment portfolio
- Vendor
- U.S. Bank
- Agency
- City of Del Mar
- Source document
- City of Del Mar Report Indirect Cost Allocation Plan Update and User and Regulatory Fee Study 2026-11-18 (Report)
U.S. Bank's other public contracts
More City of Del Mar contracts
Questions about this contract
Who was awarded the financial services contract by City of Del Mar?
U.S. Bank was awarded this financial services contract by City of Del Mar, as recorded on November 14, 2026. The contract value is Target Index-Based Strategies discretionary trustee/investment management fees were illustrated at 0.066% annually. Managed Strategies fees were illustrated at 0.335% annually; directed trustee fees range from 0.05% to 0.03% depending on assets, plus a $10-per-transaction trade-processing fee..
How much is the U.S. Bank contract with City of Del Mar worth?
The U.S. Bank contract with City of Del Mar is valued at Target Index-Based Strategies discretionary trustee/investment management fees were illustrated at 0.066% annually. Managed Strategies fees were illustrated at 0.335% annually; directed trustee fees range from 0.05% to 0.03% depending on assets, plus a $10-per-transaction trade-processing fee., covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a report record.
Where was this contract approved?
This contract appears in City of Del Mar Report Indirect Cost Allocation Plan Update and User and Regulatory Fee Study 2026-11-18 (Report), dated November 14, 2026 from City of Del Mar. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does U.S. Bank hold?
U.S. Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Del Mar currently buying?
Explore City of Del Mar's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
