Specifications include, but are not limited to: Deferred Compensation Plan Services. Placer County is a local government with 2,467 full time employees and provides services for nearly 370,000 county residents. The County currently sponsors four defined contribution plans for its employees. The four defined contributions plans (collectively, the "Plan(s)") are as follows: The Retirement Accumulation Plan for the Employees of the County of Placer The Placer County 401(k) Plan The Placer County Deferred Compensation Plan The CalPERS 457 Deferred Compensation Plan Desired Goals/Objectives/Outcomes Reduce expenses for participants; Provide educational services for employees, including group and individual meetings on a comprehensive array of financial planning topics; Outsource additional administrative and fiduciary functions; Administrative simplicity and clear accountability; and Provide for an orderly and timely transition of records and assets (if necessary).
