Marble Falls, Texas, hired ICMA-RC as a bundled provider for the city’s new 457 plan, said Angel Alvarado, human resources coordinator.
An RFP was issued in February for a firm to provide administration, record-keeping, investment, enrollment and education services. The contract begins July 1. However, it has yet to be determined when the new plan will officially open for enrollment.
The other finalists were Nationwide Retirement Solutions, AXA Equitable and Security Benefit.
