Iowa Department of Administrative Services, Des Moines, is searching for an investment consultant for the state's Retirement Investors' Club, a voluntary retirement savings program consisting of a $1.2 billion 457 plan, $1.1 billion 403(b) plan and $388 million 401(a) plan.
The department is seeking an investment consultant to provides ongoing services regarding the review of investment providers serving the plan, according to an RFP on its website.
The RFP does not disclose the name of the current consultant or whether the firm is invited to rebid.
The RFP is available on the website of the department of administrative services. Proposals are due at 2 p.m. CDT on Aug. 9. A timeline for a selection was not available.
Kathy Harper, purchasing agent, would not provide further information.