Fairfax County, Va., is searching for a record keeper for its $904 million 457 plan, said an RFP posted on the county’s website.
The county issued an RFP for a vendor to provide “administrative, record keeping, communications, education and investment management services” for the county’s deferred compensation plan, the RFP said.
T. Rowe Price is the current record keeper; whether the firm is invited to rebid could not be learned by press time.
The RFP is available on the county’s website. Proposals are due at 10 a.m. EST on Nov. 9. A timetable for a decision was not provided, but the five-year contract will begin Aug. 1, 2017.
Penny Crawley, buyer for the county, did not return a phone call seeking further information by press time.