Sound Transit, Seattle, is searching for record-keeping and custody services for its approximately $143 million 401(a) money purchase plan and $28 million 457 deferred compensation plan, said an RFP on its procurement website.
Proposals for stand-alone record-keeping and custody services or record-keeping bundled with custody and trust services will be considered. The reason for the search, along with information on whether incumbent provider Empower can rebid, could not immediately be learned.
The RFP is available on Sound Transit's procurement website. Registration is required.
The deadline for responses is 2 p.m. PST Nov. 5, with an anticipated hiring decision by February.
Carlos Arias, senior contracts specialist, could not immediately be reached for additional information.