Products March 11, 2011
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.
Reported by PLANSPONSOR staff
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.
The RFP is at http://www.pera.state.nm.us/publicnotices.html.