Los Angeles Unified School District is searching for an investment consultant for its 403(b), 457 and PARS plans, confirmed Anthony Silo, contract administration analyst.
The district is searching for a firm to begin a three-year contract on Oct. 1, with two optional one-year renewals.
SST Benefits Consulting is the current investment consultant. Its contract expires on Sept. 30 and the firm is invited to rebid.
The RFP can be found on the school district website.
Proposals are due at 2 p.m. PDT Aug. 2 with a decision expected on Sept. 11.
The 403(b) plan has $2 billion in assets and the PARS plan, $126 million; and the 457 plan, $30 million.
Gregg Breed, chief risk officer, and Janice Sawyer, benefits administrator, were not available by press time.
