North Olmsted, Ohio, is searching for a record keeper for the city's $21 million 457 plan, said Carrie B. Copfer, the city's director of finance, in an email.
The city has issued a request for qualifications for an additional record keeper in addition to the plan offerings made through the $12 billion Ohio Public Employees Deferred Compensation Program, Columbus, Ms. Copfer said. The city is seeking a provider "that offers more options for our employees and more active financial planning advice for our employees if they desire it," Ms. Copfer said.
Proposals are due at noon EDT on Oct. 13. A timeline for a decision was not provided. The RFP is available on the city's website.
