Navy command trawling for bundled provider for 401(k) plan

Commander, Navy Installations Command, Millington, Tenn., is searching for a bundled provider for its $176 million 401(k) plan, said an RFP posted on the Federal Business Opportunities website.

The RFP said the chosen vendor would provide “trustee, record keeping, administration, investment and custodial services.” The current provider is Wells Fargo; whether the firm is eligible to rebid could not be immediately learned.

The RFP is available on the Federal Business Opportunities' website. Proposals are due at 4 p.m. CDT on July 3. A timeline for a hiring decision was not provided.

John Wolfslau, contract specialist, could not be immediately reached to provide further information.