Newport News, Va., is searching for a record keeper for its $122 million 457 plan.
The city is seeking a firm to provide plan administration, recordkeeping, participant experience, education and investment advice services, as well as a lineup of investment options, according to an RFP posted on its procurement website.
The current record keeper is MissionSquare Retirement. The RFP does not disclose whether the firm is eligible to rebid.
The RFP is available on the city's procurement website. Registration is required. Proposals are due at 5 p.m. EDT on June 12.
Kelly Pittman, senior buyer for the city, could not be immediately reached for further information.