Vote — approved

Thomas Galvin	yes
Steve Gallardo	yes
Jack Sellers	yes
Bill Gates	yes

60.240026-RFP, INVESTMENT ADVISORY SERVICES Approve the contract for award between Maricopa County and SageView Advisory Group, LLC, with funds to be paid out from the County’s Plan at an estimate of $100,000 (to be paid through County’s Plan assets) over three years until January 31, 2027, with five annual renewal options. The effective date of the contract will be February 1, 2024. The purpose of the contract is to provide Maricopa County Human Resources, Benefits through the County's Smart Sa

Item Text

60. 240026-RFP, INVESTMENT ADVISORY SERVICES Approve the contract for award between Maricopa County and SageView Advisory Group, LLC, with funds to be paid out from the County’s Plan at an estimate of $100,000 (to be paid through County’s Plan assets) over three years until January 31, 2027, with five annual renewal options. The effective date of the contract will be February 1, 2024. The purpose of the contract is to provide Maricopa County Human Resources, Benefits through the County's Smart Savings (deferred compensation; section 457b governmental plan) and Post Retirement Health Plan (HRA arrangement) ("Plan'') investment advisory services similar to an ERISA 3(21) advisor in support of the County’s Smart Savings (deferred compensation; section 457b governmental plan) and Post-Retirement Health Plan (HRA arrangement). Services required include plan sponsor fiduciary services, plan sponsor investment advisory services including investment alternative evaluation, rating, and recommendation, legislative and regulatory updates that may impact Smart Savings, plan design consulting, vendor selection, fee benchmarking, fee equity and transparency guidance, and participant education. (C-73-24-047-X-00)

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