ICMA-RC Welcomes Los Angeles County Sanitation Districts (LACSD)

WASHINGTON, Oct. 16, 2017 /PRNewswire/ -- ICMA-RC announced today that Los Angeles County Sanitation Districts (LACSD) has selected ICMA-RC as their 457(b) retirement plan administrator. LACSD is a public agency created under the California Health and Safety Code to manage wastewater and solid waste on a regional scale. With 24 independent special districts, LACSD serves millions in Los Angeles County, California.

LACSD is a former client of ICMA-RC and is returning after approximately eighteen months with another provider. ICMA-RC will administer close to $300 million for approximately 2,000 employees investing at the LACSD. 

"We are delighted to return to ICMA-RC as our plan administrator," said Tom Mueller, Chief Accountant at Los Angeles County Sanitation Districts. "Based on past experience, ICMA-RC's mission and focus on serving public sector employees while delivering strong services is what sets the organization apart for local government employees."

"We have a successful history with LACSD and are incredibly pleased to have the opportunity to work with such a great organization once again," said Bob Schultze, President and CEO of ICMA-RC. "We have demonstrated our ability to provide exceptional client support and financial services to the LACSD employees and we look forward to continuing with our positive partnership."  

ICMA-RC's mission is to serve the public sector, which makes the company an attractive option. The organization has more than 45 years' experience serving the public sector; offering a comprehensive understanding of its client base. ICMA-RC is fully committed to building retirement security through actively engaging local and state government participants in their retirement programs, helping them build their retirement savings, and assisting them in reaching their overall retirement goals.

About ICMA-RC       

Founded in 1972, ICMA-RC is a non-profit independent financial services corporation with approximately $54 billion in assets under management and administration (as of September 30, 2017) focused on providing retirement plans and related services for over a million public sector participant accounts. For more information, visit www.icmarc.org or follow ICMA-RC on Facebook, LinkedIn and Twitter.

SOURCE ICMA-RC

Related Links

http://www.icmarc.org