Fairfield, Calif., is searching for a single record keeper for its $99 million 457 plan and $49 million 401(a) plan.
The city is seeking proposals from firms that can provide record keeping and administrative services for the plans, according to an RFP on the city’s website.
The RFP does not disclose whether current record keepers MissionSquare Retirement and Nationwide Financial are invited to rebid.
The RFP is available on the city’s website. Proposals are due by 4 p.m. PDT on April 1. A selection is expected sometime in July.
Investment consultant Multnomah Group is assisting.
Jessica Collins, the city’s human resources manager, could not be immediately reached for further information.
