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Council Delays Proposed Empower Retirement Plan Transition

City of Wilmington logoCity of Wilmington
Document date
Nov 5, 2024

The 30-second brief

What it covers

Wilmington City Council continued a proposed change naming Empower Financial Services, Inc. as administrator of the City's 457 Deferred Compensation Plan. The resolution was continued to November 19, 2024, ahead of a January 2025 compliance deadline.

Who holds it

Empower Financial Services Inc holds this financial services contract with City of Wilmington. Its other public contracts on record include work for Montmorency County and Northwest Mosquito & Vector Control District.

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Contract details

Contract type
Financial Services
Document date
November 5, 2024
Vendor
Empower Financial Services Inc
Agency
City of Wilmington
Source document
City of Wilmington Minutes Regular City Council Meeting 2024-11-05 (Minutes)

Empower Financial Services Inc's other public contracts

Montmorency County, MichiganCounty Remits Employee Benefits Payment To Empower · Oct 5, 2026$24.1KNorthwest Mosquito & Vector Control District, CaliforniaDistrict Considers Empower SECURE 2.0 Plan Amendment · Sep 17, 2026$1.5KMontmorency County, MichiganCounty Remits Empower Employee Benefits Payment · Sep 8, 2026$15.9KMontmorency County, MichiganBenefits Remittance to Empower Financial Services · Apr 20, 2026$15.2KTown of Sunapee, New HampshireEmpower to Administer Town Employee 457(b) Plan · Jan 5, 2026UndisclosedAll Empower Financial Services Inc contractsVendor profile

More City of Wilmington contracts

Atlantic Coast Industrial LLCDowntown Alley Construction Contract Awarded to Atlantic Coast · Oct 20, 2026$693.7KAtlantic Coast Industrial LLCDowntown Alley Improvements Contract Awarded to Atlantic Coast · Oct 20, 2026$693.7KAtlantic Coast Industrial LLCDowntown Alley Contract Awarded to Atlantic Coast Industrial · Oct 20, 2026Cape Fear Public Utility AuthorityWilmington Approves Utility Relocation Agreement with CFPUA · Oct 6, 2026Up to $257,582North Carolina Department of TransportationWilmington Approves NCDOT Section 5303 Grant Agreement · Oct 6, 2026UndisclosedAll City of Wilmington activityAgency profile

Questions about this contract

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

Empower Financial Services Inc was awarded this financial services contract by City of Wilmington, as recorded on November 5, 2024.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Wilmington Minutes Regular City Council Meeting 2024-11-05 (Minutes), dated November 5, 2024 from City of Wilmington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Empower Financial Services Inc hold?

Empower Financial Services Inc 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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What is City of Wilmington currently buying?

Explore City of Wilmington's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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