Washington County Public Schools, Hagerstown, Md., is searching for bundled providers for its $20 million 403(b) plan and $4 million 457 plan.
The current 403(b) plan provider is Great-West Retirement Services, and the current 457 plan provider is MetLife. It could not be learned by press time whether the firms may rebid.
The public schools are seeking vendors that will provide “record-keeping, administration, communication, investment advisory and investment custodial services” for the plans, according to an RFP posted on the public schools’ website. Proposals are due at 4 p.m. EDT on June 5. A timetable for a decision was not available by press time, but the RFP said services would begin in January 2015.
Phone calls to Regina Keller, supervisor of employee benefits, were not returned by press time.