Manchester, N.H., is searching for a record keeper for the city's $57 million 457 plan, said Peter T. Scott, managing director at The Centurion Group, which is assisting with the search.
The city issued the RFP because the contract of current record keeper MassMutual Financial will expire June 30; the firm is invited to rebid. The plan has 53 investment options.
The RFP is available on the city's purchasing website. Proposals are due at 5 p.m. EST on Feb. 19. The transition is expected to begin in March or April, with a new contract to begin July 1.