Manchester (N.H.) Deferred Compensation Plan is searching for a record keeper and plan administrator, confirmed Mark Yasenchak, senior managing consultant with PFM Advisors, consultant to the $29 million 457 plan.
The plan’s current record keeper and plan administrator, Hartford Financial Services Group, can rebid. The search is being conducted as a part of the “city’s general due diligence process,” according to an RFP posted on the city’s website.
The three-year contract is expected to begin at the end of the year with two optional two-year renewals, confirmed Mr. Yasenchak.
The RFP is available at the city's website. Proposals are due at 2 p.m. EDT Oct. 18 with a selection expected at the end of November.
PFM is assisting.