Cape May County, Cape May Court House, N.J., is searching for a third-party administrator for its $17 million 457 plan.
The county issued an RFP for a firm to provide record keeping and administrative services, said Peter T. Scott, senior fiduciary consultant, retirement services, at Centurion, a Marsh & McLennan Agency company, which is assisting with the search.
Current administrator AIG Retirement Services is invited to rebid, he said.
The RFP is available on the county's procurement website. Registration is required. Proposals are due at 2 p.m. CDT on July 28. A selection will be made by the end of the year.