Menomonee Falls (Wis.) Medical Associates will likely seek a new bundled provider for its $40 million 401(k)/profit-sharing plan next year, said Bob Swanson, director of human resources. The search is in response to an investigation by the New York attorney general of incumbent bundled provider Strong, which will be allowed to rebid, Mr. Swanson said. The RFP will be issued after the plan hires an investment consultant, which is expected by year's end, he said. That search began in July. Drew Wineland, spokesman for Strong, did not return a call seeking comment by press time.
The plan offers 22 investment options.