Los Angeles County Deferred Compensation and Thrift Plans is searching for stable value fund consulting services, said Elizabeth Lee, finance analyst for the county treasurer and tax collector, in an e-mail.
Los Angeles County deferred compensation and 401(k) plans have combined assets of $11.1 billion. The plans have a total of about $4.2 billion in stable value fund assets.
The contract of incumbent Mercer is set to expire on Nov. 30. It is invited to rebid.
Proposals are due at noon PDT Aug. 25. A selection is expected to be made by the plan administrative committee as early as its Sept. 30 meeting.
The RFP is available on the website of the Los Angeles County treasurer and tax collector, which is conducting the search.