Shelby County, Memphis, Tenn., is searching for a third-party administrator for its $144 million 457 plan.
The county is seeking proposals from firms that can provide record keeping, custodial and other administrative services for the plan, according to an RFP on its website.
The RFP does not disclose whether current record keeper Empower Retirement is eligible to rebid. Sonja Worthy, buyer for the county, could not be immediately reached for further information.
The RFP is available on the county’s website. Registration is required. Proposals are due by 4 p.m. CDT on Sept. 18. A timeline for a selection has yet to be determined.