Our Lady of the Lake University, San Antonio, hired Transamerica Retirement Solutions as record keeper of is 403(b) plan.
The transition to Transamerica will take place on Oct. 1, said a posting on the plan’s website.
According to the posting, the previous record keepers were American Funds, DWS Investments and TIAA-CREF.
The plan had $36 million in assets as of Dec. 31, 2012, according to the university’s most recent Form 5500 filing. The reason for the change could not be learned by press time.
Diana Ramos, employee benefits manager, would not provide further information by press time. Phone calls to Phillip John Vargas, director of human resources, and Patricia A. Gomez, assistant director of human resources, were not immediately returned.