Lexington-Fayette Urban County Airport Board, Lexington, Ky., is searching for investment advisers for its 401(a) and 457 plans.
The board issued a request for qualification for consultants to be considered for an RFP that will be sent to qualified respondents on Feb. 26, according to the RFQ posted on the airport's website.
Which firm or firms currently provide these services could not be immediately learned. The RFQ does not provide a scope of services, but says the search is open to "registered investment advisers, brokerage firms, trust companies, bank trust departments, and similar institutions managing, influencing or providing advice in and around investments."
The 401(a) plan has $17 million in assets, while the 457 plan has $300,000 in assets.
The RFQ is available on the airport's website. Qualifications are due at 5 p.m. EST on Feb. 4. Selections will be reflected in the distribution of the RFP on Feb. 26.
HORAN Retirement Plan Consulting is assisting with the search. Paul Carl, HORAN's vice president, could not be immediately reached to provide further information.
