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Committee Recommends Empower as New Plan Recordkeeper

City of Newnan logoCity of Newnan
Document date
Dec 9, 2025

The 30-second brief

What it covers

The Retirement Plan Committee recommended that the City of Newnan select Empower Retirement as the new recordkeeper for its 401(a) and 457(b) plans, citing lower fees, improved technology, and better participant support compared to the current provider Corebridge. Council consideration of the contract award is scheduled as new business on December 9, 2025.

Who holds it

Empower Retirement holds this financial services contract with City of Newnan. Its other public contracts on record include work for Housing Authority of the county of Monterey and Peninsula Corridor Joint Powers Board.

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Contract details

Contract type
Financial Services
Document date
December 9, 2025
Vendor
Empower Retirement
Agency
City of Newnan
Source document
City of Newnan Agenda 2025-12-09 (Agenda)

Empower Retirement's other public contracts

Housing Authority of the county of Monterey, CaliforniaHACM Coordinates Empower Retirement Employee Sessions · Oct 26, 2026UndisclosedPeninsula Corridor Joint Powers Board, CaliforniaCommittee to Receive Empower Retirement Plan Reports · Oct 22, 2026UndisclosedIndian Valley Community Services District, CaliforniaEmpower Retirement Receives District Plan Administration Payments · Oct 20, 2026$5.2KTown of Washington charter, MichiganTownship Accounts Payable Includes Retirement Payments · Oct 20, 2026$29.8KCity of Oakland, NebraskaOakland Approves Empower Retirement Payments · Oct 19, 2026All Empower Retirement contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Newnan?

Empower Retirement was awarded this financial services contract by City of Newnan, as recorded on December 9, 2025.

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 City of Newnan Agenda 2025-12-09 (Agenda), dated December 9, 2025 from City of Newnan. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Empower Retirement hold?

Empower Retirement 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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