Nassau Health Care Corp., East Meadow, N.Y., is searching for a record keeper for its $166 million 457 plan, confirmed Frank Picarelli, vice president at Segal Rogerscasey, the company’s investment consultant.
An RFP has been issued because of “procurement requirements to re-bid, (to) ensure due diligence and enhance the overall program of services” and fees, Mr. Picarelli wrote in an e-mail.
VALIC is the current provider of the services and is invited to rebid.
Proposals are due at 4 p.m. EDT on April 11. The company hopes to have a contract start date of July 1, with a plan implementation date of Dec. 28.
The RFP is available by contacting Mr. Picarelli, 333 W. 34th St., New York, NY 10001- 2402 or FPicarelli@segalrc.com.
Phone calls to Nassau Health Care were referred to Mr. Picarelli.