Kings County, Hanford, Calif., rehired MassMutual as bundled provider for its 457 deferred compensation plan, confirmed Bill Tugaw, president and CEO of SST Benefits Consulting, which is consultant to the plan.
An RFP was issued in July.
The $25 million plan has 22 investment options in addition to a series of target-date funds. MassMutual also serves as provider for a $220,000 Social Security replacement plan, or 3121 plan.