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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.
Villanova University signs TIAA-CREF as sole record keeper
trueVillanova University hired TIAA-CREF as sole record keeper of its 403(b) plan.
Boston University removes EII Global Property Fund from 2 DC plans
trueBoston University is removing the EII Global Property Fund Class Institutional, managed by EII Capital Management, from the investment lineup of its 403(b) Boston University Retirement Plan and supplemental retirement and savings plan.
Montana University System hunts for DC investment consultant
trueMontana University System, Helena, is searching for an investment consultant for its $482.3 million 401(a) and $164.3 million 403(b) defined contribution plans, an RFP posted on the state's procurement website said.
Stafford County stays with ADMIN Partners for DC plans
trueStafford County (Va.) Public Schools rehired ADMIN Partners as the third-party administrator for its 403(b) and 457(b) plans.
Notre Dame selects trimmer 403(b) lineup
trueUniversity of Notre Dame 403(b) Retirement Plan will have investment options from Vanguard Group, Pacific Investment Management Co., Dimensional Fund Advisors and Dodge & Cox as part of changes effective Jan. 1.