Hillsboro, Ore., rehired ICMA-RC and Nationwide Retirement Solutions as providers for its $19.6 million 457 deferred compensation plan, said Debbie Hazel, human resources manager.
The city issued an RFP in December as a due diligence measure.
The other incumbent, Oregon Savings Growth Plan, did not rebid, Ms. Hazel said. The Oregon Savings Growth Plan is a $1.6 billion 457(b) plan operated by the $70 billion Oregon Public Employees Retirement Fund, Salem.
