Stillwater Medical Center, Stillwater, Okla., hired TIAA-CREF as sole record keeper/administrator for its 457(b) and 401(a) plans with $46.7 million in total assets, said Alan Lovelace, chief financial officer, in an e-mail.
The other finalists were Empower Retirement and MassMutual Financial Group.
The 457(b) plan and 401(a) plan were previously administered by VALIC and Voya Retirement Services, respectively, which both rebid.
The plans’ investment consultant is SageView Advisory Group.
