Public DC plans

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  1. Massachusetts 457 plan seeks managers for active large-cap and passive strategies

    trueOffice of the Massachusetts Treasurer and Receiver General is searching for managers for an active large-cap growth equity strategy and five passive strategies for the state's approximately $6 billion 457 plan.

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  1. ICI: U.S. retirement assets increase 1.3% in quarter on DC, IRA gains

    trueTotal U.S. retirement assets rose 1.3% in the quarter ended March 31 to $24.9 trillion, said the Investment Company Institute's recently released quarterly report.

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  2. Virginia Beach 457 plan sticks with Segal Rogerscasey

    trueVirginia Beach (Va.) Deferred Compensation Board rehired Segal Rogerscasey as investment consultant.

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  3. Shelby County moves to Prudential for 457 plan

    trueShelby County Deferred Compensation Plan hired Prudential Financial as bundled provider.

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  4. Marble Falls, Texas, taps ICMA-RC as provider for new 457 plan

    trueMarble Falls, Texas, hired ICMA-RC as a bundled provider for the city’s new 457 plan.

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  5. Colorado County switches managers in 2 DC plans

    trueColorado County Officials & Employees Retirement Association added the Litman Gregory Masters Alternative Strategies Fund, a multimanager hedge fund-style mutual fund, to the investment lineup of its 401(a) and 457 plans.

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  6. Gresham, Ore., sticks with SST Benefits Consulting for 457 plan

    trueGresham, Ore., rehired SST Benefits Consulting as investment consultant for its $36.2 million 457 plan.

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  7. DeKalb County issues call for consultant for 2 DC plans

    trueDeKalb County, Decatur, Ga., is searching for an investment consultant for its $144 million 457 plan and its new 401(a) plan.

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  8. Gwinnett County Public Schools launches record-keeper search

    trueGwinnett County Public Schools is searching for record keepers for its $496 million 403(b) plan and $70 million 457 plan.

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  9. Sacramento wants provider for DC plans

    trueSacramento, Calif., is searching for a bundled provider for its 401(a), 457, Roth IRA and Retirement Health Savings plans.

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  10. Central Arkansas Water plumbs for investment consultant

    trueCentral Arkansas Water is searching for an investment consultant for its 401(a) and 457 plans.

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  11. GFOR: NEST uses behavioral economics to enroll members into retirement plan

    trueNational Employment Savings Trust Corp. uses behavioral economics to enroll members in its defined contribution plan — and keep them enrolled.

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  12. Lakeland, Fla., adds Vanguard REIT funds to 2 DC plan lineups

    trueLakeland, Fla., added a real estate investment trust fund managed by Vanguard Group to the investment lineup of its 401(a) and 457 plans.

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  13. Mission, Texas, school district calls for third-party administrator

    trueMission Consolidated Independent School District, Mission, Texas, is searching for a third-party administrator for its 403(b) and 457 plans.

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