Materials Innovation and Recycling Authority, Rocky Hill, Conn., is looking for a firm to provide analysis and benefits consulting services for its $10 million 401(k) plan, said Roger Guzowski, MIRA’s contract and procurement manager.
The selected firm will provide services that include, but are not limited to, analyses of the plan’s investment performance, ongoing recommendations for keeping the plan up-to-date and employee education sessions.
The search is being conducted to comply with state law that requires services to be put out to bid every three years, Mr. Guzowski said. Hooker & Holcombe is the current provider and is invited to rebid.
The contract will be for three years beginning July 1.
MIRA’s 401(k) plan is currently administered by Fidelity Investments.
The RFP is available on MIRA’s website. Proposals are due at 3 p.m. EDT May 5. A selection is expected to be made before July.
