Western Digital Corp., Irvine, Calif., plans to issue an RFP for a service provider for its 401(k), health & welfare and disability plans this fall. T. Rowe Price is the current provider for the $160 million 401(k) plan, the only one of the three that uses outside firms. The sizes of the other funds could not be learned. The change is being made to give employees a single provider, said a company official who asked not to be identified.
Western has not decided if the search will be open or invitation-only, according to the official. The search is expected to completed by the end of this year.