Public DC plans
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Leesburg, Fla., scouting for record keeper for 2 DC plans
trueLeesburg, Fla., is searching for a record keeper for its 401(a) and 457 retirement plans with $11.8 million in assets combined.
Census Bureau: Public pension fund assets fall 1% in quarter
trueThe 100 largest U.S. public employee retirement systems had $3.369 trillion in assets as of June 30, a 1% decrease from three months earlier, said the U.S. Census Bureau’s latest quarterly survey of public pension funds.
Pennsylvania governor proposes new retirement system compromise
truePennsylvania Gov. Tom Wolf has proposed a new pension system for future state and public school employees as a means to end the state’s current budget impasse.
Illinois State Board of Investment plans search for target-date funds manager
trueIllinois State Board of Investment plans to issue an RFP for a target-date funds manager for the $4.1 billion Illinois State Employees' 457 Deferred Compensation Plan.
Salem, Ore., launches record-keeper search for 457 plan
trueSalem, Ore., is searching for a record keeper for its $67 million 457 plan.
Chatham County wants consultant to review 457 plan options, record keepers
trueChatham County, Savannah, Ga., is searching for a consultant to review the record keepers and investment option lineups of its $32 million 457 plan.
Golden, Colo., issues call for investment consultant
trueGolden, Colo. is searching for a consultant for its 401(a), 457(b) and retirement health savings plans, which have combined assets of $46.5 million.
Seattle 457 plan on the lookout for record keeper, custodian
trueSeattle Voluntary Deferred Compensation Plan and Trust is searching for a record keeper and custodian.
Naples, Fla., taps first consultant for 4 DC plans
trueNaples, Fla., hired Montgomery Retirement Plan Advisors as the first investment consultant for its four defined contribution plans.
Delaware looking for record keepers for 3 state DC plans
trueDelaware is looking for one or more record keepers for its three defined contribution plans — a 457(b) deferred compensation plan, a 401(a) match plan and a 403(b) plan.
New York State Deferred Comp sticks with Callan
trueNew York State Deferred Compensation Plan rehired Callan Associates as its investment consultant.
Monroe County Water Authority looking for 457 plan administrator
trueMonroe County Water Authority is searching for an administrator for its $18 million 457 deferred compensation plan.
Atlanta transit authority seeking consultant for 2 DC plans
trueMetropolitan Atlanta Rapid Transit Authority is searching for an investment consultant for its 401(a) plan and 457 plan.
Montana adds Neuberger Berman high-yield fund to 401(a) plan lineup
trueMontana Public Employee Retirement Administration, Helena, added the Neuberger Berman High Income Bond Fund to the lineup of its roughly $140 million 401(a) plan.
Nevada System of Higher Education sticks with Aon Hewitt as consultant
trueNevada System of Higher Education rehired Aon Hewitt Investment Consulting as investment consultant for its four defined contribution plans.