Colorado State Deferred Compensation Program, Denver, will issue an RFP for a service provider to supply record keeping and enrollment services for its $340 million 457 plan, said Jack Ehnes, acting human resources director and director of risk management and employee benefits for the state of Colorado. The plans board also will investigate keeping the 457 plan unbundled vs. switching to a bundled arrangement and whether to add a mutual fund window to its current menu of 14 investment options, he said. Incumbent Securities First Group will be encouraged to rebid. Separately, the board will support state legislation, to be introduced next year, that will create a 401(a) plan for state and municipal employees, to be administered by the program. The new plan is being created to invest the employer match that is expected to be in place by Jan. 1, 2001. Last session, the Legislature passed a bill that created the match for the states 401(k), 457 or 403(b) plans for state and local employees once the Colorados defined benefit plan is fully funded in Jan. 1, 2001. Employees participating in any of the tax-deferred plans will be able to apply the matching contribution to their 401(k), 401(a) or 403(b), whichever is available.