Oregon Episcopal School goes with VALIC as new record keeper

Oregon Episcopal School, Portland, hired VALIC as sole record keeper of its $26 million 403(b) plan, said Gretchen Y.L. Reed, chief financial officer, in an email.

The school's previous record keepers were TIAA-CREF and Fidelity Investments. Ms. Reed said there was an RFP process; TIAA rebid for the services and Fidelity did not.

Retirement plan consultant Multnomah Group assisted.