Orange County (Calif.) Transportation Authority launched an RFP for an investment consultant for its $106 million deferred compensation plans, confirmed Joel Zlotnik, manager of public information.
The investment consultant will provide investment consulting, compliance and administration consulting, and plan cost and fiduciary evaluation.
Benefit Funding Services Group is the incumbent and is invited to rebid.
All firms interested in doing business with the authority are required to register on-line at CAMM NET.
The plans — two 457 plans, two 401(a) plans and a 3121 FICA alternative plan — have combined assets of $106 million.
The RFP can be found on CAMM NET. The RFP is due at 2 p.m. PDT July 18, with interviews scheduled for Aug. 9.