Minnesota State Colleges and Universities, St. Paul, is searching for a record keeper for its two 401(a) plans and 403(b) plan.
The system of 37 state colleges and universities is seeking a firm to provide defined contribution plan record keeping and administration, trust and custodial services, education and communication services, said an RFP posted on the ProposalTech procurement website.
Which firm or firms currently provide the services was not available.
The system's defined contribution plans have a combined total of $2.9 billion in assets.
Investment consultant Aon Investments USA is assisting.
The RFP is available on the ProposalTech website. Registration is required. Proposals are due at 5 p.m. EST on Feb. 9. A selection is expected on May 19.
Cynthia O. Zaleta, associate partner at Aon, could not be immediately reached for further information.