Navajo Nation, Window Rock, Ariz., is searching for a bundled provider for its $35 million 401(k) plan and an actuary for its $200 million defined benefit plan, said Roger Martinez, plan administrator.
The Navajo Nation likes to rebid every three years to keep up with the market and be competitive, he said. Current bundled provider Zurich Scudder and actuary Watson Wyatt will be able to rebid.
RFPs for both searches will be available at the beginning of April by contacting the Navajo Nation. Proposals are due by the end of April; decisions will be made by the beginning of June.