FINANCIAL_SERVICESONGOING

City Reviews Legacy American Funds 457 Plan

The City reviewed its legacy 457 deferred compensation plan with American Funds. The plan has no active participants or new contributions, and the remaining employee balance is expected to be withdrawn by January 2027.

Document date · October 5, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
Historical plan; withdrawal expected to be completed no later than January 2027
Renewal date
2027-01-31
Renewal
Legacy plan predates current staff involvement; no plan documents or exact origination date were located. The City stopped allowing new enrollments an estimated one to two decades ago, and the plan is effectively winding down after the remaining withdrawal.
Document type
AgendaPacket
Source document
City of Idaho Falls AgendaPacket Council Work Session 2026-10-05

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Idaho Falls?

American Funds was awarded this financial services contract by City of Idaho Falls, as recorded on October 5, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Idaho Falls AgendaPacket Council Work Session 2026-10-05 (AgendaPacket), dated October 5, 2026 from City of Idaho Falls. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does American Funds hold?

American Funds may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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