University of Rochester, Rochester, N.Y., hired TIAA-CREF as sole record keeper of its 457 and 403(b) plans, according to employee materials on the university's website.
TIAA-CREF replaces Fidelity Investments, T. Rowe Price and Vanguard Group as record keeper for both plans, which offer the same investment options. A blackout period for the transition is expected to be in effect June 7-29.
University spokesman Bill Murphy could not provide further information, including the asset sizes of the plans, by press time.
