©2018 Michigan Economic Development Corporation

MEDC Issues Request for Proposals for Administration of its Corporate 401(a) and 457 Plans

Friday, August 10, 2007

Michael Shore
(517) 335-4590

The Michigan Economic Development Corporation today issued a request for proposals to administer its corporate 401(a) and 457 Plans.    

The plan assets of the 401(a) are $1,188,341. The plan assets of the 457 Plan are $1,282,225 with a forfeiture account balance of $45,056.97. There are approximately 60 eligible participants in each plan.

The RFP is available online at www.michigan.org/mbrrfpalong with specifics of the application process. Proposals must be submitted to the MEDC per the instructions in the RFP no later than 5 p.m. on August 31, 2007.

Questions regarding the request for proposal process may be submitted via e-mail to contracts&grants@michigan.org. Questions must be received via e-mail no later than 5 p.m. on August 17, 2007. The MEDC will respond to the submitted questions via e-mail no later than 5 p.m. on August 24, 2007.

The Michigan Economic Development Corporation, a partnership between the state and local communities, promotes smart economic growth by developing strategies and providing services to create and retain good jobs and a high quality of life. For more information on MEDC initiatives and programs, visit the Web site at www.michigan.org.


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