Oregon seeks record keeper for 457 plan

Oregon Savings Growth Plan, Salem, launched an RFP for a third-party administrator and record keeper, said David Crosley, spokesman for the $1.7 billion 457 plan.

Incumbent Voya Financial has been invited to rebid. The plan has 10 investment options, including a stable value fund, plus a series of 10 target-date funds and a brokerage window.

The RFP is available on the Oregon Procurement Information Network. Registration is required. Responses are due Feb. 28. The three-year contract, with four possible extensions of two years each, is expected to begin around June 9.