Searches and Hires

Sacramento County sticks with Fidelity as DC provider

Sacramento County (Calif.) rehired Fidelity Investments as bundled provider for its $877 million 457(b) plan and $16 million 401(a) plan, pending final contract negotiations, said a procurement official.

An RFP was issued in March as a due diligence measure and because the size of the portfolio had increased "quite a bit" since Fidelity was initially hired years ago, the procurement official said.