Brooklyn Hospital Center, Brooklyn, N.Y., hired TIAA-CREF as bundled service provider for its 403(b) plan, confirmed Catherine Derr, the hospital's vice president for marketing and communications.
TIAA-CREF replaced Fidelity Investments, which was a finalist in the search, Ms. Derr wrote in an e-mail.
The hospital issued an RFP last summer.
TIAA-CREF was selected because it offered the best service and price, she wrote.
The plan had $105.2 million in assets as of Dec. 31, 2010, the latest data available, Ms. Derr wrote.