Searches and Hires

Pace Suburban Bus Services scouting for 401(k) plan consultant

Pace Suburban Bus Service, Arlington Heights, Ill., is searching for an investment consultant for its $216 million 401(k) plan, said an RFP on Pace's website.

The reason for the search and information on a current consultant could not immediately be learned.

The RFP is available on Pace's website. Proposals are due by 2 p.m. central on March 15. A timeline for a hiring decision could not immediately be learned.

Last year, Pace hired Empower Retirement as the plan's record keeper, replacing Principal Financial Group.

A procurement official could not immediately provide additional information.