Metropolitan St. Louis Sewer District hired Pavilion Advisory Group as investment consultant for its $229 million defined benefit pension plan and $40 million 457 plan, confirmed spokesman Lance LeComb.
Pavilion also will provide consulting for a defined contribution plan for participants hired after Jan. 1, 2011. That plan has slightly less than $1 million in assets.
An RFP was issued in May because of the pending contract expiration of current consultant NEPC, which rebid and was a finalist along with Marquette Associates.
