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Pueblo County hires consultant to review and manage deferred compensation plans
Summary
The board approved a professional services agreement with Springs Wealth Group to assist Pueblo County with administration, fiduciary review, and vendor RFPs for the county’s 457 deferred compensation plans.
The Pueblo County Board of County Commissioners on Feb. 27 approved a professional services agreement with Springs Wealth Group for assistance in administering the county’s deferred compensation (457) plans.
Director Cresswell told commissioners the county currently lacks a dedicated plan administrator and has relied on vendors to manage plan operations. The agreement with Springs Wealth Group, selected through a request-for-proposal process, will provide fiduciary…
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