SEARCHES AND HIRES

Airbus DS Communications selects consultant for 401(k) plan

Airbus DS Communications, Temecula, Calif., hired The Palancar Group as investment consultant for its $40 million 401(k) plan, said Geoff Smith director of accounting, in an e-mail.

An invitation-only search was launched in October, using InHub's eRFP tool. The company did not previously use a dedicated consulting firm.

The other finalists were Retirement Benefits Group, NFP Retirement and SageView Advisory Group.

The Palancar team focuses on retirement plans and is part of Morgan Stanley (MS).