Valencia College, Orlando, Fla., is searching for a record keeper for its five defined contribution plans, said an invitation to negotiate posted on a procurement website.
BENCOR is the current record keeper for all five plans. It could not be learned by press time if the firm is invited to rebid.
The college has two 401(a) plans, a 403(b) plan and two 457 plans with combined assets of $30 million.
Proposals are due at 2 p.m. EDT on June 20; the board of trustees is expected to vote Sept. 28.
The ITN is available on the procurement website VendorLink. Registration is required.
Rhonda S. Ulmer, managing director in the college’s procurement department, did not provide further information by press time.
