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Orlando Aviation Authority charts DC provider search
trueGreater Orlando (Fla.) Aviation Authority is searching for a bundled provider for its 401(a) and 457(b) plans, said an RFP posted on Orlando International Airport’s purchasing website.
Monroe County names 457 plan consultant
trueMonroe County 457 Deferred Compensation Plan, Rochester, N.Y., rehired Generation Capital Management as investment consultant for a five-year period, said Brayton Connard, director of human resources for the county and chairman of the $213 million plan, in an e-mail.
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.
Judson school district wants 457 plan provider
trueJudson Independent School District, Live Oak, Texas, is searching for a provider for its 457(b) plan, said Michael L. Ashmore, director of purchasing.
North Carolina launches record-keeper search for 2 DC plans
trueNorth Carolina Department of State Treasurer, Raleigh, is searching for a firm to provide record keeping and/or communication services for its 457 and 401(k) plans with more than $8.6 billion in combined assets.
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.
Bridge authority trawling for bundled provider
trueBuffalo & Fort Erie Public Bridge Authority, Buffalo, N.Y., is searching for a bundled provider for its $3 million 457 plan.
Wyoming Retirement Systems swaps midcap funds in 457 plan
trueWyoming Retirement System is adding Vanguard Group's S&P 400 Mid Cap Value Fund to the investment lineup of its $530 million 457 plan.
Phoenix Employees sticks with record keeper, stable value manager
truePhoenix Employees’ Deferred Compensation Board recommended rehiring Nationwide Financial as record keeper and Morley Fund Management as stable value fund manager for the two defined contribution plans it oversees.
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.
Westchester County 457 plan selects Centurion Group as consultant
trueWestchester County Deferred Compensation Board, White Plains, N.Y., hired The Centurion Group as its first ongoing investment consultant.
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.
Chicago water district swaps 457 providers
trueChicago Metropolitan Water Reclamation District hired Prudential Retirement as bundled provider for its $196 million 457 deferred compensation plan.
Montgomery County taps SSgA for target-date funds
trueMontgomery County Employees’ Retirement System, Rockville, Md., hired State Street Global Advisors to manage target-date funds for two defined contribution plans.