Massachusetts 457 plan seeks third-party administrator, record keeper
By Rob Kozlowski | December 17, 2012 3:07 pm
Commonwealth of Massachusetts IRC 457 Deferred Compensation Plan, Boston, is searching for a third-party administrator and record keeper for the $5.4 billion plan.
The current third-party administrator and record keeper is Great-West Retirement Services. Information was unavailable as to whether the firm is invited to rebid.
The RFR proposals are due at 5 p.m. EST on Feb. 8. Interviews and oral presentations are tentatively scheduled for the week of Feb. 25, with a decision tentatively scheduled for the week of March 18.
Phone calls to Jon Carlisle, spokesman for state Treasurer Steven Grossman, and William Bailey-Eisenhauer, procurement manager for Mr. Grossman, were not returned by press time.