Rochester (N.Y.) Deferred Compensation Plan is searching for a record keeper, said an RFP posted on the city’s procurement website.
The $208 million 457 plan’s current record keeper is MassMutual Financial Group. Whether the firm is invited to rebid could not be immediately learned.
The RFP is available on the city’s procurement website. Proposals are due at 3 p.m. EDT on March 31. A decision is expected sometime this summer.
A phone call to Charles A. Benincasa, the city’s director of finance and chairman of the deferred compensation committee, was referred to Patrick Flanigan, city spokesman, who could not be immediately reached to provide further information.