Discuss, consider and take appropriate action on hiring a consultant firm to provide administration over our 457B program, as well as appointing an oversight committee.

The County utilizes Nationwide as the vendor for our 457B program and the Auditors' office is currently the administrator for that plan. We would like to explore hiring a consultant to minimize the administrative workload, as well as assume fiduciary liability, reduce cost to employees, increase communications and participant enrollments and contribution rates. We would request an oversight committee be appointed to meet a few times a year to oversee the consultant.