Cocoa, Fla., is searching for a third-party administrator for its 401(a) and 457 plans.
The city is conducting the search as part of a fiduciary review of its retirement program, according to an RFP posted on the VendorLink procurement website.
The city may "retain the incumbent administrator" or select a new provider, according to the RFP, which lists ICMA-RC and Nationwide Financial as administrators.
The plans have a total of $13 million in assets.
The RFP is available on the VendorLink procurement website. Registration is required. Proposals are due at 3 p.m. EST on March 9. A selection is scheduled for April 30.
Rebecca Bowman, the city's finance director, could not be immediately reached for further information.
Investment consultant SageView Advisory Group is assisting.
