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07:41 AM, Mar. 13, 2010
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Search Advisory

  • Denver Water Searches For Provider
    03/12/2010

    Denver Water has issued a request for proposals for a retirement plan administrator and custodian for its $64 million 401(k) and 457 plans.

  • Oakland Vets Consultant Bids
    03/11/2010

    The City of Oakland, Calif., is sorting through bids from consultants for its $270 million deferred compensation plans.

  • Hewitt Swipes United Technologies' $14 Bln 401(k) Plan From Fidelity
    03/10/2010

    United Technologies Corporation has selected Hewitt Associates as the recordkeeper for its approximately $14 billion 401(k) plan, replacing Fidelity Investments, according to a source familiar with the search process.

  • Colorado City Seeks Consultant
    03/09/2010

    The City of Longmont, Colo., is seeking an investment consultant for its $48.6 million defined contribution plan.

  • Arizona Taps New DC Provider
    03/08/2010

    Arizona State Retirement System has selected TIAA-CREF as the single provider for its newly launched 457(b) and 403(b) supplemental voluntary retirement plans available for non-state employees.

  • Staples Said To Be Searching For 401(k) Provider
    03/05/2010

    Staples has issued a request for proposals for a provider for its more than $510 million 401(k) plan, according to a source familiar with the search process.

  • Eugene Water Changes Providers
    03/04/2010

    The Eugene (Ore.) Water & Electric Board has selected ICMA-RC as the provider for its 506-life $30 million 457 plan, replacing The Hartford.

  • Alabama 529 Changes Managers
    03/04/2010

    The Alabama State Treasury has selected Union Bank & Trust Company as program manager for its $663 million CollegeCounts 529 Plan, replacing Van Kampen Investments.

  • Bank of America Launches 401(k) Plan Evaluation Tool
    03/04/2010

    Bank of America Merrill Lynch is unveiling a 401(k) tool designed to monitor and score the financial wellness of plans that use the recordkeeping services of the firm.

  • New Mexico 457 Shops For Managers
    03/04/2010

    The New Mexico Public Employees Retirement Association is searching for a global real estate manager and emerging market equity manager for its $317 million deferred compensation plan.

  • OPERS Searches For Passive Portfolio Manager
    03/03/2010

    The Ohio Public Employees Retirement System is seeking an investment manager to manage passive components for its $355 million Defined Contribution Target Date Program. Bids are due March 5.

  • Montana To Change 529 Investment Lineup
    03/02/2010

    The Montana Board of Regents of Higher Education is preparing for an overhaul of the fund lineup in its $250 million Montana Family Education Savings Program as its relationship with Pacific Life Funds, the current investment manager of the state’s 529 College Savings Plan, comes to an end.

  • Orange County Searching For 457, 401(a) Provider
    03/01/2010

    The Orange County (Calif.) Transportation Authority is searching for a provider for its $58 million 457 and 401(a) plans.

  • Electronic Design Co. Taps Fidelity Over Schwab
    02/25/2010

    Mentor Graphics has hired Fidelity Investments for its $400 million 401(k) plan, replacing Charles Schwab.

  • Synopsys Replaces Non-Qualifed Provider
    02/25/2010

    Synopsys hired Fidelity Investments for its $70 million non-qualified executive deferred compensation plan, replacing MullenTBG, a business unit of Prudential Retirement as of September 2008.

  • Independent 529 Plan Changes Managers
    02/24/2010

    The Tuition Plan Consortium has hired OFI Private Investments, a subsidiary of Oppenheimer Funds, for its $150 million Independent 529 Plan, replacing TIAA-CREF.

  • San Jose Hires Consultant
    02/23/2010

    The City of San Jose, Calif., has hired Buck Consulting for its $472 million defined contribution plans, dropping SST Benefits Consulting & Insurance Services.

  • Symantec Adds TD Family, Drops Customization
    02/22/2010

    Symantec Corporation has tapped T.Rowe Price target-date fund family for its $700 million 401(k) plan.

  • Virginia School System Launches Provider Search
    02/22/2010

    Prince William County Public Schools on Feb. 19 issued a request for proposals for its $306.3 million 403(b) and 457 plans.

  • Washington City Vets Provider Bids
    02/18/2010

    The City of Bellevue is sorting through bids from bundled providers for its $29 million, 457 deferred compensation plan.

  • Massachusetts Pores Over Providers For Retirement Program
    02/17/2010

    The Department of Higher Education for the Commonwealth of Massachusetts is evaluating providers for its $311 million Optional Retirement Program and plans to make a decision by May.

  • St. Louis School District Group Selects Administrator
    02/11/2010

    Cooperating School Districts of Greater St. Louis has selected VALIC as its 403(b) and 457(b) plan provider for school districts in its investment cooperative.

  • Washington State Wrapping Up Recordkeeper Search
    02/10/2010

    The Department of Retirement Systems for the state of Washington is in final stages of its search for third-party recordkeeper services for its $7 billion 457 and 401(a) plans.

  • Supermarket Chain Changes Providers
    02/09/2010

    Roche Bros. Supermarkets has selected Diversified Investment Advisors to provide bundled recordkeeping services for its $93 million 401(k) plan, replacing New York Life Retirement Plan Services.

  • Tacoma Readies Provider Search
    02/03/2010

    The City of Tacoma, Wash. is preparing to issue a request for proposals for provider for its $200 million deferred compensation plan.

  • MIT Overhauls 401(k) Lineup; Shifts From Fidelity
    02/02/2010

    Massachusetts Institute of Technology has made multiple fund moves in its $2.5 billion 16,457-life 401(k) plan, shifting from Fidelity Investments to The Vanguard Group and PIMCO.

  • Gas Company Readies Provider Search
    02/01/2010

    Northwest Natural Gas plans to issue a search for provider for its $130 million 401(k) plan in the coming months.

  • South Carolina Seeks Provider
    02/01/2010

    South Carolina Retirement Systems is searching for a provider for its $605 million 401(a) plan.

  • Lattice Semiconductor Considers Providers
    01/28/2010

    Lattice Semiconductor Corporation is currently considering bids from The Vanguard Group and its incumbent Merrill Lynch to be the provider for its $70 million 401(k) plan.

  • Illinois 529 Seeks Large-Cap Manager
    01/26/2010

    The Illinois Student Assistance Commission has issued a request for proposals for a large-cap international equity manager for its $1.4 billion College Illinois 529 Prepaid Tuition Program.

  • North Carolina Hospital Changes Providers
    01/21/2010

    North Carolina Baptist Hospital selected Diversified Investment Advisors to administer its 403(b) and 457(b) plans with $208 million in combined assets, dropping VALIC from the plan.

  • Tennessee Taft-Hartley Revamps Plan, Hires MassMutual
    01/19/2010

    United Association Local No. 614 has selected MassMutual Retirement Services as the new provider for its $51 million Taft-Hartley retirement plan.

  • Nebraska Drops Managers, Overhauls 529
    01/12/2010

    College Savings Plan of Nebraska has selected First National Bank of Omaha as the new manager of its $1.5 billion 529 plan, replacing Union Bank & Trust Company of Lincoln.

  • Tennessee Readies Administrator Selection
    01/11/2010

    The State of Tennessee Treasury Department is preparing to finalize vendor selection for investment and administrative services for its $82 million 401(a) plan.

  • Washington Cities Search For Consultant
    01/08/2010

    The Municipal Employees' Benefit Trust is seeking a general plan consultant for its $449.6 million 5,000-life 401(a) plan

  • Virginia School Board Delays RIA Decision
    01/07/2010

    Arlington County School Board has delayed awarding a registered investment advisor for its defined contribution plans.

  • Illinois Transit Searches For Provider
    01/07/2010

    The Regional Transportation Authority of Illinois is searching for a provider for its $91 million 401(k) plan.

  • Seattle Readies Administrator Search
    01/07/2010

    The Port of Seattle plans to issue an administrator request for proposals for its $90 million deferred compensation plans.

  • Washington Cities Search For Consultant
    01/04/2010

    The Municipal Employees’ Benefit Trust is seeking an investment advisor and general plan consultant for its $449.6 million 5,000-life 401(a) plan.

  • New Mexico Hospitals Prep Provider Decision
    12/17/2009

    University of New Mexico Hospitals has closed bids on a request for proposals for an administrator and fund sponsors for its defined contribution program with combined assets of $108 million.

  • City Of Valdez Seeks Provider
    12/16/2009

    The City Of Valdez, Alaska, this week will close bidding on a request for proposals for a deferred compensation investment provider.

  • Washington County Utility Seeks Consultant
    12/15/2009

    Snohomish County, Wash., Public Utility District #1 is searching for a consultant to provide investment consulting services for its 401(k), 457, and 401(a) plans with combined assets of $72.8 million.

  • Seattle Readies Searches
    12/14/2009

    The City of Seattle is preparing an investment advisor search followed by a provider search in 2010.

  • New Hampshire Changes Providers
    12/03/2009

    State of New Hampshire Deferred Compensation has dropped ING U.S. Retirement Services as its recordkeeper and investment manager for the $170 million 457 plan, replacing the provider with Great-West Retirement Services.

  • Diversified Lands Two New Plans
    12/03/2009

    Diversified Investment Advisors will provide administrative services for the $100 million 401(k) plan for The Dispatch Printing Company and the $16 million 403(b) and 457(b) plans for Self Regional Hospital, both newly acquired contracts for the firm.

  • Kansas Public School System Readies Consolidation
    11/24/2009

    Kansas City, Kansas Public Schools is searching for a single firm to offer administrative, recordkeeping, and investment custodial services for its 403(b) and 457(b) deferred compensation plans with $32.6 million in combined assets.

  • Ohio Taft-Hartley Plan Taps MassMutual
    11/19/2009

    Ironworkers District Council of Southern Ohio & Vicinity Annuity Trust tapped MassMutual Retirement Services as the new bundled provider for its $243 million defined contribution Taft-Hartley plan, replacing the incumbent, Putnam Investments.

  • St. Louis To Tap Consultant
    11/18/2009

    The City of St. Louis has closed the bidding period for a deferred compensation consultant for its $156 million 457 plan.

  • Montana City Readies Consolidation
    11/17/2009

    The City of Missoula (Mont.) is looking to consolidate three providers into one for its 457 plan. Nationwide Retirement Solutions, VALIC and ICMA-RC are currently on the roster.

  • Eugene, Oregon Signs On With Hyas Group
    11/12/2009

    The City of Eugene (Oregon) has tapped the Hyas Group as the new consultant for its $64 million deferred compensation plan.

  • Phoenix To Tap Replacement For Mid-Cap Value Fund
    11/05/2009

    The City of Phoenix is preparing to replace its $24.5 million Turner Mid-Cap Value fund.

  • Jacksonville Consolidates Providers
    11/05/2009

    The City of Jacksonville, Fla., has consolidated providers, dropping VALIC and retaining Great-West Retirement for its 457 and newly launched 401(a) plan.

  • Arizona Seeks Provider For DC Launch
    11/03/2009

    Arizona State Retirement System has submitted a request for proposals for a 457 and 403(b) provider to offer a Supplemental Salary Deferral Program to approximately 180,000 eligible participants, consisting of education, county, and municipal employees.

  • Richmond Seeks Consultant For Provider RFP
    10/29/2009

    Richmond Public Schools has issued a request for proposals for an investment consultant to assist with the development of an RFP for provider.

  • Lincoln Center Consolidates Providers, Chooses Diversified
    10/29/2009

    Lincoln Center for the Performing Arts in New York has chosen Diversified Investment Advisors for its 403(b) plan, consolidating from five plan providers down to one.

  • Seattle Set To Tap Consultant To Oversee Administrator RFP
    10/27/2009

    The Port of Seattle next week will begin finalist interviews for a consultant for its $90 million deferred compensation plans.

  • Oregon City Sifts Through 457 Consultant Bids
    10/22/2009

    The City of Eugene, Ore., has closed its bidding for a deferred compensation consultant for its $64 million plan Oct. 20.

  • Rhode Island To Make 529 Decision
    10/16/2009

    The 529 provider contract that keeps AllianceBernstein and Rhode Island Higher Education Assistance Authority on exclusive terms for the $6.9 billion Rhode Island CollegeBound Fund expires summer of 2010.

  • Hanover County Issues Advisor RFP
    10/16/2009

    Hanover County (Va.) has opened a request for proposals for a financial advisor for the 457(b), 401(a) and 403(b) plans.

  • City of Torrance Selects Provider Finalists
    10/15/2009

    The City of Torrance (Calif.) has selected Great-West Retirement Services and ICMA-RC as finalists for the 457(b), 401(a), and part time 3121 plan with combined assets of $107 million.

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