Public sector retirement plans are often complex by nature—multiple providers, varied investment menus, and administrative processes that can be difficult to manage and costly to maintain. For many governmental organizations, this complexity leads to inefficiencies that directly impact plan participants and fiduciary oversight.
Our latest case study, Streamlining Public Retirement Plans for Greater Efficiency and Value, explores how one public entity tackled these challenges head-on. Faced with fragmented 457(b) and 401(a) plans spread across multiple providers, the client partnered with Multnomah Group to conduct a comprehensive review and lead a strategic consolidation effort.
The results were transformative:
- Recordkeeping costs cut by more than 50%—from over $140,000 to under $60,000 annually
- Investment menus streamlined—from over 40 options to 18 diversified, lower-cost choices
- Improved participant experience—with consistent fee structures and simplified enrollment
- Stronger fiduciary governance—through reduced administrative burden and clearer oversight
This case study is especially relevant for any governmental organization—city, county, or state—looking to improve the efficiency and value of its retirement plans. Whether you're managing a single plan or multiple offerings across departments, the strategies outlined here can help you reduce costs, improve outcomes, and better serve your employees.
Download the full case study to learn how thoughtful plan design and provider consolidation can unlock real value for public retirement plans.
Multnomah Group is a registered investment adviser registered with the Securities and Exchange Commission. Any information contained herein or on Multnomah Group’s website is provided for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Multnomah Group does not provide legal or tax advice.