Orange County Water District, Fountain Valley, Calif., is searching for a record keeper for its $112 million 401(a) plan and $24 million 457 plan, said an RFP posted on its website.
The district is seeking a firm to "provide administration, record keeping, and investment management services for the district's section 401(a) money purchase plan and 457 deferred compensation plans," said the RFP.
Whether current record keeper Prudential Financial is eligible to rebid could not be immediately learned.
The RFP is available on the district's website. Proposals are due on July 13. A selection is expected on Oct. 3.
Investment consultant Wells Fargo Advisors is assisting.
Stephanie Dosier, director of human resources, could not be immediately reached to provide further information.
