Solectron Corp., Milpitas, Calif., later this year expects to issue an...

Solectron Corp., Milpitas, Calif., later this year expects to issue an RFP for a bundled provider for its $250 million 401(k) plan, said Heather Holt, benefits program manager. Plan officials will conduct the search as part of their due diligence, Ms. Holt said, and incumbent Fidelity will be invited to reapply. The RFP might be issued in the third quarter; the process is expected to take between six and nine months. Plan officials have not decided whether they will work with a consultant, Ms. Holt said. The plan offers 11 investment options.