Crossville, Tenn., hired ICMA-RC to provide plan administration, investment and record-keeping services for a new 401(a) plan, confirmed Fred Houston, city finance director.
An RFP was issued in March after the formation of the plan, into which employees hired on after July 1 will be enrolled.
Current city employees and those hired before July 1 are in the $36.3 billion Tennessee Consolidated Retirement System, Nashville.
