Lawrence, Mass., is searching for a third-party administrator for its 403(b) and 457 plans, confirmed Rita V. Brousseau, city purchasing agent.
The current administrator, TSA Consulting Group, is invited to rebid, Ms. Brousseau said in a telephone interview. The RFP was issued because TSA had been doing the work for free and would no longer be doing so, she said.
Ms. Brousseau had no further information regarding contract expiration or the asset sizes of the plans.
Proposals are due at 11 a.m. EDT on June 21. Interested parties can receive the RFP by e-mailing [email protected] or Mary Goulet, principal accounts clerk, at [email protected] or calling 978-620-3240.
