Miramar, Fla., is searching for a single record keeper for its $55 million 457 plan and four 401(a) plans with assets totaling $15 million.
The city is conducting the search with the goal of consolidating to a single vendor, according to an RFP posted on the city's procurement website. The RFP does not disclose whether both incumbent record keepers, MissionSquare Retirement and Nationwide Financial, are eligible to rebid for the services.
The RFP is available on the city's procurement website. Registration is required. Proposals are due by 2 p.m. EST on Feb. 28. A timeline for a selection has yet to be announced.
Natalie Richmond, the city's assistant director of procurement, could not be immediately reached for further information.
