FINANCIAL_SERVICESAPPROVED

Merrill village Awards Financial Services Contract to Charles Schwab Co (February 2025)

The Merrill Village Council approved ongoing 3% employer contributions to Simplified IRA accounts administered by Charles Schwab Co. for designated employees. Contributions will be made monthly based on total gross earnings in compliance with IRS regulations.

Status
APPROVED
Document date
February 27, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Charles Schwab Co
Agency
Merrill village · MI

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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 amount
3% of total gross earnings monthly for eligible employees
Contract type
FINANCIAL_SERVICES
Contract term
Ongoing monthly contributions during Fiscal Year 2025-2026 and thereafter until changed
Renewal
Simplified IRA contributions at 3% of gross earnings continue monthly as long as the plan remains in place and administered by Charles Schwab Co., subject to future council changes.
Document type
Meeting Minutes
Source document
merrill-village-meeting-minutes-2025-02-27_49b.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 Merrill village?

Charles Schwab Co was awarded this financial services contract by Merrill village, as recorded on February 27, 2025. The contract value is 3% of total gross earnings monthly for eligible employees.

How much is the Charles Schwab Co contract with Merrill village worth?

The Charles Schwab Co contract with Merrill village is valued at 3% of total gross earnings monthly for eligible employees, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in merrill-village-meeting-minutes-2025-02-27_49b.pdf (Meeting Minutes), dated February 27, 2025 from Merrill village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Charles Schwab Co hold?

Charles Schwab Co 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 Charles Schwab Co's profile

What is Merrill village currently buying?

Explore Merrill village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Merrill village's profile

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