Not-for-profit DC plans
Articles and Video on Not-for-profit DC Plans
DOL issues fiduciary guidance related to annuity benefit distribution options
trueThe DOL has issued guidance for defined contribution plan sponsors, clarifying their fiduciary responsibilities under certain circumstances for the monitoring and reviewing of annuities as benefit distribution options.
Yale University picks TIAA-CREF as sole record keeper for DC plans
trueYale University hired TIAA-CREF as the sole record keeper of its four defined contribution plans, which total $4.4 billion in assets.
Aberystwyth University taps Legal & General to develop new DC plan
trueAberystwyth University hired Legal & General Investment Management to design and implement a new defined contribution plan.
Vanderbilt goes with 1 record keeper, trims investment lineup
trueVanderbilt University hired Fidelity Investments as sole record keeper of its $3.4 billion 403(b) plan.
University of Colorado picks TIAA-CREF as sole record keeper, consolidates lineup
trueUniversity of Colorado System hired TIAA-CREF as sole record keeper for its 401(a) and 403(b) plans.
University of St. Thomas signs Transamerica as record keeper for consolidated plan
trueUniversity of St. Thomas hired Transamerica Retirement Solutions as the sole record keeper for its consolidated defined contribution plan.
University of British Columbia drops BlackRock from balanced fund option
trueUniversity of British Columbia removed BlackRock as a manager of the balanced fund option in its defined contribution plan.
N.Y. Power seeks record-keeping, investment, trustee services for DC plans
trueNew York Power Authority is accepting proposals from firms to provide record-keeping, investment and trustee services for the authority's $87.5 million 457 deferred compensation plan and $270.8 million 401(k) Employees' Savings Plan.
University of Rochester to drop PIMCO fund as investment option
trueUniversity of Rochester, N.Y., will remove the PIMCO Unconstrained Bond Fund as an investment option for its $3.45 billion 403(b) and $67.8 million 457(b) plans.
Nevada System of Higher Education digs for consultant for 4 DC plans
trueNevada System of Higher Education is searching for an investment consultant for its four defined contribution plans.
Brown University revamps investment lineups for 2 DC plans
trueBrown University is streamlining the investment lineup of its two 403(b) plans.
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.
Yuma Regional Medical Center signs Dodge & Cox to fill PIMCO slot
trueYuma Regional Medical Center is adding the Dodge & Cox Income Fund as an investment option in its 401(k) plan.
Texas Prepaid stays with AKF as 529 plan consultant
trueTexas Prepaid Higher Education Tuition Board rehired AKF Consulting as a consultant, pending successful contract negotiations.
Oregon utility fires up record-keeper search for 2 DC plans
trueCentral Lincoln People’s Utility District is searching for a record keeper for its $13 million 457 plan and $1 million 401(k) plan.