Portland (Ore.) Governmental 457(b) Plan rehired ING U.S. Retirement Services as third-party administrator for the deferred compensation plan, according to a contract notice posted on the city's website.
Great-West Retirement Services, ICMA-RC and Nationwide Retirement Solutions were also finalists. An RFP was issued in February.
The $400 million plan has 25 investment options in addition to a series of target-date funds.
Jeanine Keller, deferred compensation administrator, did not provide additional information by press time.