Woodbury Reviews Principal Pension Services and Fees
Woodbury Town Pension PlanCity Department · North Haven, CT- Disclosed value
- Approximately $90,000 annually in total fees; administrative fee reduced from 45 basis points to 40 basis points
- From minutes
- Document date
- Aug 12, 2026
The 30-second brief
Woodbury continues to use Principal for pension investment advisory and plan administration, with total annual fees estimated near $90,000. The administrative fee was reduced from 45 to 40 basis points, while the Board evaluates whether to retain Principal through its pension administrator RFP.
PRINCIPAL holds this financial services contract with Woodbury Town Pension Plan. Its other public contracts on record include work for Dwight Common SD 232 and City of Kanawha.
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Contract details
- Contract type
- Financial Services
- Amount
- Approximately $90,000 annually in total fees; administrative fee reduced from 45 basis points to 40 basis points
- Document date
- August 12, 2026
- Vendor
- PRINCIPAL
- Source document
- Town of Woodbury Minutes Retirement and Pension Board Special Meeting Minutes 2026-08-12 (Minutes)
PRINCIPAL's other public contracts
More Woodbury Town Pension Plan contracts
Questions about this contract
Who was awarded the financial services contract by Woodbury Town Pension Plan?
PRINCIPAL was awarded this financial services contract by Woodbury Town Pension Plan, as recorded on August 12, 2026. The contract value is Approximately $90,000 annually in total fees; administrative fee reduced from 45 basis points to 40 basis points.
How much is the PRINCIPAL contract with Woodbury Town Pension Plan worth?
The PRINCIPAL contract with Woodbury Town Pension Plan is valued at Approximately $90,000 annually in total fees; administrative fee reduced from 45 basis points to 40 basis points, covering financial services work.
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 Town of Woodbury Minutes Retirement and Pension Board Special Meeting Minutes 2026-08-12 (Minutes), dated August 12, 2026 from Woodbury Town Pension Plan. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does PRINCIPAL hold?
PRINCIPAL may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Woodbury Town Pension Plan currently buying?
Explore Woodbury Town Pension Plan's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
