Indianapolis and Marion County, Ind., issued an RFP for a record keeper for the consolidated city and county's new 401(a) plan.
The selected firm will have a four-year contract to provide bundled retirement plan administration and investment services to the new defined contribution plan, according to the RFP. The plan is expected to begin with an estimated $12 million in assets.
The RFP is on the city's website. Registration is required.
Proposals are due at noon EDT Aug. 4. A selection is expected in October, according to the RFP.