Simi Valley (Calif.) 401(k) Deferred Compensation Plan rehired Vanguard Group as bundled provider, confirmed James Bartholomew, the city's risk manager.
The $40 million plan issued an RFP in April because of the pending expiration of Vanguard's contract on Aug.31.
Vanguard's new five-year contract begins Sept. 1, according to Mr. Bartholomew.
