RSS

11/17/2017

Q) Why is the search being conducted?
A) We are looking for advisory services for additional fiscal oversight and financial responsibility.

Q) Which firm currently provides the services?
A) No one

Q) Will the incumbent provider be invited to rebid?
A) N/A

Q) What is the current asset size of the plan’s investment portfolio?
A) Approx. $166M

11/14/2017

Q) Are Lake County 457 participants eligible for Social Security?

A)YES

Q) If they are eligible for Social Security, how do they participate

A) AUTOMATIC

Q) If they are eligible, how many actually participate?

A) ALL

11/13/17

Q) Is this bid for an annual retainer to provide the services listed in the Scope of Work – or a short-term project?
A) annual retainer

Q) Can you confirm, Lake County does not currently utilize a consultant for these services?
A) we do not currently utilize a consultant

Q) Are you able to provide information regarding the total amount of assets in the 457(b) Retirement Plan?
A) APPROX. $145M