Massachusetts Development Finance Agency, Boston, is searching for a defined contribution plan consultant for its $41 million 401(a) plan and $34 million 457 plan.
The state economic development agency has issued an RFP due to the agency's policy to place services up for bid every few years, said Simon R. Gerlin, the agency's chief financial officer and executive vice president of finance, in an email.
Current consultant CAPTRUST Financial Advisors is invited to rebid, he said.
The RFP is available on the agency's website. Proposals are due by 5 p.m. EST on Jan. 31.
The agency hopes to make a selection in February, Mr. Gerlin said.
