Deferred Compensation Consultant

Washington County, Oregon is requesting sealed proposals from qualified firms to provide deferred compensation consulting to help oversee the compliance and fiduciary duties related to the County’s voluntary 457(b) and 401(a) plans. The successful proposer must acknowledge in writing they have a fiduciary obligation as an investment advisor to the 457(b) and 401(a) plans while providing the consulting services to the County. Firm must be Registered Investment Advisors.

Washington County is a suburban county located on the western edge of Portland, Oregon. Its boundaries extend from the City of Portland to the coast range. The current population is approximately 600,000 people. There is a mix of urban, suburban and rural areas. The eastern half of the County is composed of service industries, light manufacturing, residential and commercial activity. It is relatively densely populated. The western half is primarily farms and private forest lands across rural settings, together with several smaller incorporated and unincorporated communities.

The County seat of government is located in Hillsboro, Oregon. The County has experienced substantial growth over the last fifty years principally in the electronics and high-tech industries. Twenty percent of the entire state's population growth in the last five years has occurred in Washington County.

The County is a home rule county, governed by five elected Commissioners who appoint a County Administrator as the chief executive of the County. There are currently approximately 2,350 employees in all areas of County government who are engaged in providing the multitude of services required by its member cities, businesses and general population.