Searches and Hires

Ottawa County seeking consultant for 401(a), 457 plans

Ottawa County, West Olive, Mich., is searching for its first investment consultant for 401(a) and 457 plans, said Amy Bodbyl-Mast, county purchasing manager.

The county has issued an RFP for its first consultant to "conduct a comprehensive review and needs assessment of the county's existing 401(a) and 457 retirement plans, providers, investment policies, objectives and portfolio structure," according to the RFP.

The 457 plan has over $53 million in assets; 401(a) plan asset information was not available.

The RFP is available on the county's purchasing website. Proposals are due at 2 p.m. EST on Jan. 30. Finalist interviews are scheduled for Feb. 18-20. An award is tentatively scheduled for March 1.