The NYC Deferred Comp Plan is getting a new record keeper (Voya Financial) in mid-2019. Since 1996, the record keeper for the plan has been Empower Retirement. What does a record keeper do? Buys and sells the investments as directed by plan participants, account for contributions and distributions, provide enrollment forms, educational materials, online access, etc.
Pensions & Investments Article: NYC Deferred Comp selects Voya as record keeper for DC plans