The plans are looking to consolidate to a single provider for the services.
The plan is preparing searches for international and U.S. small-cap equity managers for this year.
The plan is searching for a firm to provide record keeping, administration, communication, education, custodial trustee and investment services.
The plan’s ceo has added the title of secretary.
She is leaving the plan after 28 years to pursue a new role.
The plan approved three commitments, including two re-ups, at its meeting last week.
The search is for due diligence purposes as the plan has worked with its incumbent for “decades.”
The authorities launched searches in September as they neared the end of their five-year contract with their incumbent.
He joins from Veritas Investments, where he held the same position.
The plan conducted interviews with four finalists at a meeting today.