Lane County, Ore., is searching for a third-party administrator for its $111 million 457 plan and $4 million 401(a) plan.
The county is seeking a firm to provide administration, education, investment management and participant investment advice for the plans, because the contract of current administrator TIAA-CREF will be expiring soon, said Mary Miller, benefits manager, in an email. The firm is invited to rebid, Ms. Miller said.
The RFP is available on the county's procurement website. Proposals are due at 5 p.m. PST on Nov. 15. A timeline for a decision has yet to be determined.
Investment consultant Hyas Group is assisting.