New Hampshire State Deferred Compensation Commission is searching for a record keeper for the state's $480 million 457 plan.
The commission is seeking proposals from record-keeping firms because the contract of current record keeper Empower Retirement will expire on April 30, 2024, according to an RFP on the state's procurement website. The RFP says the firm is welcome to rebid for the services.
The 457 plan has 20 individual investment options, plus a target-date fund series managed by T. Rowe Price Group.
The RFP is available on the state's procurement website. Proposals are due at 10 a.m. EST on Dec. 14. A selection is expected in February.