City Reviews Legacy Capital Group 457 Plan

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 The plan has no active participants or new contributions, and the remaining employee balance is expected to be withdrawn by January 2027.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

Frequently asked questions

Common questions about this contract, answered from the record.

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

Capital Group 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 Capital Group hold?

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

View Capital Group's profile

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