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Fermi Research Alliance picks Fidelity as sole record keeper in DC revamp
trueFermi Research Alliance, hired Fidelity Investments as sole record keeper and is overhauling the investment lineup of its defined contribution plans, effective Feb. 2.
Ferris State University wants consultant for 4 DC plans
trueFerris State University is searching for a consultant for its three 403(b) plans and 457(b) plan.
Roanoke County seeks investment consultant for schools' DC plan
trueRoanoke County, Va., is searching for an investment consultant for Roanoke County Public Schools’ $6.6 million 403(b) plan.
University of Arkansas wants consultant for 403(b) plan
trueUniversity of Arkansas System, Fayetteville, is searching for an investment consultant for its $3.7 billion 403(b) plan.
3 Connecticut DC plans hunting for provider, stable value, custom target-date funds
trueConnecticut Office of the State Comptroller is searching for a bundled provider, stable value manager and investment manager to create a custom target-date fund lineup for the state’s three defined contribution plans.
IRS adjusts 2015 retirement plan contribution limits for inflation
trueEmployees will be able contribute more to their defined contribution plans in tax year 2015, thanks to cost-of-living adjustments announced Thursday by the Internal Revenue Service.
San Diego State University Research Foundation revamps DC lineup
trueSan Diego State University Research Foundation is making changes to the investment lineup of its $147.3 million 403(b) plan.
Washington County Public Schools looking for record keepers
trueWashington County Public Schools, Hagerstown, Md., is searching for record keepers for its $22 million 403(b) plan and $4 million 457 plan.
Higher education DC plans turning to consultants, smaller lineups — survey
trueMore higher education retirement plans are using investment consultants while streamlining their investment options lineups, said a news release regarding a survey from Cammack Retirement Group.
Oklahoma State University taps TIAA-CREF as sole provider
trueOklahoma State University System, Stillwater, selected TIAA-CREF as sole provider for its defined contribution plans, said a letter to plan participants from the university system.
Loyola University taps Transamerica as sole record keeper
trueLoyola University hired Transamerica Retirement Solutions as the sole record keeper for its $650 million 403(b) defined contribution plan.
Towers Watson survey: DC plan execs missing big picture on target-date funds
trueDefined contribution plan executives are too focused on “investment metrics” when evaluating target-date funds rather than the role these funds should play in helping participants prepare for retirement, a new survey by Towers Watson & Co. finds.
Cornell University updates investment lineup for DC plan
trueCornell University made changes to the investment lineup of its $4 billion 403(b) defined contribution plan.
University of California removes DC option, switches default option
trueUniversity of California, Oakland, is removing the Dreyfus Treasury Prime Cash Management Fund from the lineup of its 403(b), 457(b) and 401(a) plans, effective Sept. 30.
Arkansas State University hires first investment consultant
trueArkansas State University System hired Multnomah Group as the first investment consultant for its $400 million 403(b) plan.