Roanoke, Va., looking for third-party administrator for 457 plan
By Rob Kozlowski | February 8, 2013 12:58 pm
Roanoke, Va., is searching for a third-party administrator for its $50 million 457 plan, confirmed Sharon Lewis, city purchasing manager.
The current administrator, ICMA-RC, is eligible to rebid, Ms. Lewis wrote in an e-mail.
The selected firm also might advise on a hybrid component in the plan that is effective July 1, 2014.
Proposals are due at 2 p.m. EST on Feb. 19. A timetable for a decision could not be learned by press time.
The RFP is available on the city's website.
Christopher P. Morrill, city manager, did not return phone calls for more information by press time.