Administrator - Bundled
The system selected two managers to wrap up its search for firms to provide lead record keeper, investment, administrative and participant services for its more than $5 billion in retirement assets.
The deferred compensation plan rehired its incumbent bundled provider to conclude a search launched last year.
Authority has issued RFPs for both retirement plan investment advisory services and retirement plan services on behalf of its roughly $29.5 million in assets.
The college savings plan selected a new program manager to provide investment management and account administration services following a search earlier in the year.
The RFP is due to the incumbent firm’s impending contract expiration.
The state disability savings plan selected its incumbent program manager and record keeper to continue to provide the services following a search launched last year.
The deferred compensation plan is searching for a firm to provide retirement plan administration and record keeping services.
The search is being conducted due to incumbent Empower Retirement’s upcoming May 31 contract expiration.
The plan is searching for a firm to provide record keeping, administration, communication, education, custodial trustee and investment services.
Plans hired a firm for the services following a search conducted in 2016.
