Lubbock, Texas, is searching for record keepers for its $24 million 457 plan.
The city is seeking firms "to provide administration, record keeping, education and investment management services" for the plan, according to an RFP posted on the BidSync procurement website.
Current record keepers Brighthouse Financial, ICMA-RC, John Hancock Retirement Plan Services, Security Benefits, and Voya Financial are invited to rebid, according to the RFP.
The RFP is available on the BidSync procurement website. Registration is required. Proposals are due at 3 p.m. CDT on Aug. 11. The city council is scheduled to vote on a recommendation Oct. 27.
Teo Flores, assistant director for purchasing, would not provide further information.