UMass sticks with Cammack as investment consultant for DC plans

University of Massachusetts, Amherst, rehired Cammack Retirement Group as investment consultant for its eight defined contribution plans, said Matthew Wamback, human resources operations manager.

The eight plans — five 403(b) plans and three 401(a) plans — have a combined $876 million in assets. Fidelity Investments and TIAA-CREF are the providers for the various plans.

An RFP was issued in March because the university’s contract with Cammack was set to expire soon, said Mr. Wamback.