Las Vegas is searching for up to two record keepers for its $257 million 457 plan and $23 million 401(a) plan, spokesman Jace Radke said in an email.
The city issued the RFP to consolidate the current structure of three record keepers to one or two record keepers. The current record keepers are ICMA-RC, MassMutual Financial and Nationwide Financial; all firms are invited to rebid, Mr. Radke said.
The RFP is posted on the state's procurement website. Registration is required. Proposals are due at 1:30 p.m. PDT on Aug. 12. A timeline for a decision had yet to be determined.
