City of Los Angeles Board of Deferred Compensation Administration later this year plans to search for an administrator for its $24 million 457 plan for part-time employees. Depending on the results of the search process, the board may also seek another investment provider, according to a memo. The plans current administrator is First Financial Administrators. Its contract expires Dec. 31, although it may be extended due to Y2K considerations. The provider of the plans single fixed-account type options is American United Life. William M. Mercer is the consultant. The board also approved a contract with Great West Life & Annuity Insurance, the new record keeper and administrator for the $1.3 billion 457 plan for full-time employees. It also approved a contract with Hartford Life Insurance, which will provide four mutual funds as investment options: General Account; Advisers Fund; Stock Fund; and Capital Appreciation Fund. About $403 million was allocated to these Hartford funds as of year-end 1998: the general account had $144.5 million; capital appreciation, $46.9 million; stock, $124.3 million; and advisers, $86.9 million.