Montgomery County, Norristown, Pa., is searching for an administrator to provide record-keeping, administrative, outreach and educational services for its $27 million 457 Deferred Compensation Plan, said Joshua Soreth-Harman, procurement attorney for the county.
The current administrators are VALIC, Voya Financial and InR Advisory Services. They are invited to rebid.
The county is looking for an administrator “to provide a fresh approach to the plan,” the RFP said. The RFP is available on Montgomery County's website. Registration is required. Proposals are due at 2 p.m. EDT on May 4. A selection is expected to be made within the next six months.