San Bernardino County (Calif.) rehired Voya Financial as record keeper for its four defined contribution plans, Bill Tugaw, president and CEO at SST Benefits Consulting, said in an e-mail. SST assisted in the search.
An RFP was issued in May; Voya’s current contract expires in April.
The four DC plans — 401(a), 401(k), 457(b) and 3121 deferred compensation, as well as a retirement medical trust fund — have a combined $779 million in assets.
