FINANCIAL_SERVICESAMENDED

City Amends Trust Company 401(a) Plan

Johnson City is amending its Trust Company 401(a) Defined Contribution Retirement Plan to fully vest city matching contributions as of June 30, 2023 and align plan terms with current operation. The change facilitates transfer of employee balances into the State 401(k) plan in July 2023.

Document date · June 1, 2023

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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
Effective June 30, 2023 (vesting amendment)
Renewal date
2023-06-30
Renewal
First Amendment to 2021 Restatement of the 401(a) plan; provides 100% vesting of employer contributions effective June 30, 2023 and retroactive in‑service distribution provisions effective December 1, 2021.
Document type
Agenda
Source document
johnson_city_commission_meeting_agenda_june_1_2023.pdf

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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 Johnson?

Trust Company was awarded this financial services contract by City of Johnson, as recorded on June 1, 2023.

What type of contract is this?

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

Where was this contract approved?

This contract appears in johnson_city_commission_meeting_agenda_june_1_2023.pdf (Agenda), dated June 1, 2023 from City of Johnson. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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