Greater Orlando (Fla.) Aviation Authority is searching for a bundled provider for its 401(a) and 457(b) plans, said an RFP posted on Orlando International Airport’s purchasing website.
The plans had approximately $53.7 million in combined assets as of June 30.
Ascenus and Charles Schwab currently provide record-keeping and trustee/custodial services for the 401(a) plan, respectively. Nationwide Retirement Solutions is the current record keeper and trustee/custodian for the 457 plan.
It could not be learned whether the incumbent firms are invited to rebid.
The RFP is available on the authority’s purchasing website. Registration is required.
The deadline for proposals is 1:30 p.m. EST Dec. 1. A hiring date was not disclosed. However, the contract is expected to commence on May 1, 2015.
Inquires were directed to Arthur DeRostaing, senior purchasing agent, for the airport authority. Mr. DeRostaing declined to provide additional information on the search.
