Los Angeles County sticks with Mercer as stable value consultant for DC plans

Los Angeles County Deferred Compensation and Thrift Plans rehired Mercer as stable value fund consultant, said Elizabeth C. Lee, finance analyst for its deferred compensation and 401(k) plans, which have combined assets of $11.5 billion.

An RFP was launched in August. Mercer's existing contract is set to expire Nov. 30. Mercer will advise on stable value fund assets totaling $4.1 billion.

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