VIA Metropolitan Transit, San Antonio, is searching for a record keeper for its $40 million 457 plan and $17 million 401(a) plan.
The transit authority has issued an RFP for due diligence purposes. The current record keeper, Nationwide Financial, is invited to rebid, said Vincent Galindo, senior consultant at Hyas Group, the plans' investment consultant.
The RFP can be obtained by emailing Mr. Galindo. Proposals are due at 4 p.m. CST on Nov. 13. Finalist interviews are scheduled for Jan. 18, with a decision expected shortly thereafter.
Hyas Group is assisting.