Stafford County (Va.) Public Schools is searching for a third-party administrator for its 403(b) and 457(b) plans, confirmed Cynthia Fortin, supervisor of benefits.
Incumbent ADMIN Partners is invited to rebid. Ms. Fortin said the schools are required to go out to bid every so often, and an RFP has not been issued in six years.
She could not provide the asset size of the plans.
The RFP is available on the county's website. Proposals are due at 4 p.m. EST Feb. 13. Finalist interviews are slated for March 20 with a hiring decision by May 1.