Macon-Bibb County, Ga., is searching for a single record keeper for its $36 million 457 plan and new 401(a) plan, an RFP posted on the county's procurement website shows.
The county issued the RFP because it "seeks to consolidate to one provider moving forward," the RFP said.
The 457 plan's current record keepers are AIG Retirement Services, Empower Retirement, GEBCorp, Lincoln Financial Group, Nationwide Financial and OneAmerica. The selected firm would also provide services to a new 401(a) plan. Whether the current record keepers are invited to rebid could not be immediately learned.
The RFP is available on the county's procurement website. Proposals are due at noon EDT on May 10. A selection is expected in late June.
Investment consultant AndCo Consulting assisted.
Keith Moffett, county manager, could not be immediately reached to provide further information.