State of Illinois Employees' Deferred Compensation Plan, Springfield...

State of Illinois Employees' Deferred Compensation Plan, Springfield, hired Iron Capital Advisors as its first general retainer consultant, pending contract approval. Iron Capital will evaluate the lineup of 14 investment options and recommend any changes for the $3 billion participant-directed plan to the Illinois State Board of Investment, Chicago, the plan's fiduciary. The investment options are managed by Ariel Capital Management, Columbia Management Group, Fidelity Investments, Legg Mason, LSV Asset Management, T. Rowe Price, Provident Investment Counsel, Vanguard Group and Wells Fargo. William Atwood, ISBI executive director, said he expects the report from Iron Capital around August.