University of Florida, Gainesville, is searching for record keepers for two 403(b) plans and a 401(a) plan.
The university is searching for at least one record keeper for the $935 million University of Florida 403(b) Plan, the $333 million J. Hillis Miller Health Center 403(b) Plan and the $115 million University of Florida 401(a) FICA Alternative Plan, confirmed Lisa S. Deal, assistant vice president and chief procurement officer, in an email.
The current record keepers for the 403(b) plans are AIG Retirement Services, Fidelity Investments, MetLife, TIAA-CREF and Voya Financial. AIG Retirement Services is the sole record keeper for the 401(a) plan.
Also up for bid is the $24 million Special Pay Plan, for which AIG Retirement Services is the sole record keeper. All are invited to rebid, Ms. Deal said.
The ITN is available on the university's procurement website. Proposals are due at 3 p.m. EDT on May 6. A selection is expected sometime after June 29.
