Kansas City (Mo.) Deferred Compensation Program named Great-West Retirement Services, Nationwide Retirement Services and incumbent ICMA as finalists in the $90 million 457 plan's search for a sole bundled provider, said Rick Boersma, executive officer. Program officials expect to make a selection and negotiate a contract within the next few months.
The other incumbent, ING, also rebid. Mr. Boersma said plan officials were happy with both bundled providers, but they wanted a single provider and also thought it was time to review whether the plan was getting the best value.
ING and IMCA each offer 20 investment options. Mercer Human Resource Consulting is assisting.