The Suffolk (Va.) Public Schools board is searching for a third-party administrator for its 403(b) plan, according to an RFP.
Incumbent OMNI, which has been the administrator since the plan began five years ago, is eligible to rebid, said Susan Redmon, purchasing manager. The new contract runs through June 30, 2014, with the possibility of four one-year extensions.
The 403(b) plan has six investment options; the asset size was not available.
The RFP is available on the city's website. Proposals are due at 2 p.m. EDT May 23.
