Milwaukee County Deferred Compensation Plan is searching for a record keeper, said Stephen Cady, chairman of the county's select committee on deferred compensation, in an email.
The $362 million 457 plan issued an RFP because the contract of current record keeper Empower Retirement will expire March 31, 2019. The firm is invited to rebid, Mr. Cady said.
The plan has 12 investment options and a target-date fund lineup managed by Vanguard Group.
The RFP is available at the county's website. Proposals are due on Sept. 28. Finalist interviews are likely to take place in December, with a decision expected shortly thereafter.
Investment consultant RVK is assisting.