Citizens Property Insurance Corp., Tallahassee, Fla., is searching for a record keeper for its three defined contribution plans.
The company has issued an invitation to negotiate because the contract of record keeper Lincoln Financial Group is due to expire on May 31, 2016; the firm is invited to rebid, according to the ITN posted on the company’s website.
Proposals are due at 2 p.m. EDT on Sept. 14. A decision is tentatively expected on Nov. 10.
The ITN is available on the company’s website.
The three DC plans are a $34 million 457 plan, $33 million 401(a) plan and $1 million 401(k) plan.
Mike Peltier, spokesman, did not return a phone call by press time.