Brownsville, Texas, is searching for a record keeper for its $16 million 457 plan.
The city is seeking one or more record keepers to provide record-keeping and trustee services, according to an RFP posted on the city's purchasing website.
The current record keepers are AIG Retirement Services and Nationwide Financial. Whether the firms are eligible to rebid could not be immediately learned.
The RFP is available on the city's purchasing website. Proposals are due at 3 p.m. CST on Feb. 28. A timeline for a decision was not provided.
Roberto C. Luna Jr., the city's chief procurement and contract officer, could not be immediately reached to provide further information.
