Napa County (Calif.) Deferred Compensation Committee is searching for a record keeper for the county's $74 million 457 plan and $4 million 401(a) plan, said Vincent Galindo, senior consultant at Hyas Group, the committee’s investment consultant, in an e-mail.
The county’s current record keeper is MassMutual Financial; the firm is invited to rebid, Mr. Galindo said.
The chosen firm will also provide record-keeping services for a Social Security alternative plan, which has $1.6 million, and an alternate payee plan with $33,000 in assets.
The RFP can be obtained by e-mailing Mr. Galindo at [email protected].
Proposals are due at 4 p.m. PST on Jan. 12. Finalist interviews will take place March 20-21, with a decision expected shortly thereafter.
