Fairfield, Conn., is searching for a record keeper for its 401(a) and 457 plans, said an RFP posted on the town's website.
The town is seeking a firm to provide “fiduciary adviser, asset safekeeping, account management, investment adviser, plan administration and employee education, plan record keeping and reporting services,” the RFP said. The current vendors are Empower Retirement and ICMA-RC, according to the RFP.
The RFP is available on the town's website. Proposals are due at 2 p.m. EST on Nov. 23. A decision is expected Jan. 13.
The plans have a combined $26 million in assets.
Gerald J. Foley, town director of purchasing, could not be immediately reached to provide further information.