Babcock Center Inc., West Columbia, S.C., is searching for a service provider for its 401(k) plan, confirmed Travis Guess, chief procurement officer.
Merrill Lynch and The Newport Group are the current providers for the plan, which had $7.5 million in assets as of June 30. Mr. Guess did not respond to additional questions, including whether the current providers can rebid.
The RFP can be obtained by e-mailing Mr. Guess at [email protected] Proposals are due at 2 p.m. EDT May 24. A hiring date was not specified.