Knoxville (Tenn.) Deferred Compensation Plan is searching for an investment consultant, said Kristi Paczkowski, member of the deferred compensation committee and executive director of the $600 million Knoxville City Employees' Pension Fund.
The $49 million 457 plan has issued an RFP to follow best practices in putting the services up for bid every five years, Ms. Paczkowski said. Current consultant Raymond James is invited to rebid.
The RFP is available on the city's procurement website. Proposals are due at 11 a.m. EDT on Sept. 26. The committee hopes to make a selection before the end of October, Ms. Paczkowski said.