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City of Medical Lake Agenda Packet 2026-05-19

Mission Square Administers City 457 Retirement Plan

$16,480 (City contribution in 2025)City of Medical LakeMISSION SQUARE RETIREMENTMay 19, 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

Description

The City of Medical Lake continues its relationship with Mission Square Retirement to administer its 457 deferred compensation plan, contributing $16,480 in 2025 toward employee retirement benefits. Employees may elect to apply the City’s monthly $100 contribution to medical premiums or defer it into the plan.

Contract Details

Contract Amount

$16,480 (City contribution in 2025)

Vendor

MISSION SQUARE RETIREMENT

Agency

City of Medical Lake, WA

Contract Type

FINANCIAL_SERVICES

Document Date

May 19, 2026

Contract Term

Ongoing administration of 457 deferred compensation plan; contributions made monthly in 2025

Renewal Info

Plan administration is ongoing with no fixed end date noted; the City provides monthly contributions as long as the program remains in place.

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