New Mexico Seeking 457 Plan Administrator

March 11, 2010 (PLANSPONSOR.com) – The New Mexico Public Employees’ Retirement Association has posted a request for proposals for a third party administrator for its deferred compensation plan.

The appointed TPA will provide administrative services, enrollment and recordkeeping services, employee communication, investment education services, plan loan services, self-directed brokerage window, and participant investment advisory services, according to the RFP.  

The proposals are due by April 19, while the finalists are expected to be chosen on May 3 with board selection expected on June 30.  

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The RFP is at http://www.pera.state.nm.us/publicnotices.html. 

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