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September 07, 2021 01:59 PM

Henrico County, Va., seeks record keeper for 2 DC plans

Rob Kozlowski
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    Henrico County, Va., is searching for a record keeper for its public schools' 403(b) and 457 plans.

    The county has issued an RFP due to the pending expiration of current record keeper AIG Retirement Services, said Oscar Knott, county purchasing director.

    The firm is eligible to rebid, he said.

    The Henrico County Public Schools 403(b) Plan and Henrico County Public Schools 457(b) Plan have $164 million and $3 million in assets, respectively.

    The RFP is posted on Virginia's procurement website. Registration is required. Proposals are due at 3 p.m. EDT on Sept. 22. A selection is tentatively scheduled for November or December.

    Investment consultant SageView Advisory Group is assisting.

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