Wicomico County, Salisbury, Md., is searching for a record keeper for its $16 million 457 plan, said Nicholas Rice, county purchasing agent, in an email.
The county is seeking proposals from “qualified institutional retirement plan providers to administer” the plan. The current record keeper, which is eligible to rebid, is MassMutual Financial. The plan has 49 investment options.
The RFP is available on the county's purchasing website. Proposals are due at 2:30 p.m. EST on Nov. 14. A timetable for a decision was not provided.