Alaska Railroad Corp., Anchorage, is searching for an investment consultant for its defined benefit plan, defined contribution plans and health-care trust with about $296 million in assets combined, said an RFP on the state’s website.
The reason for the search and information on a current consultant could not immediately be learned.
The RFP is available on the state’s website. Proposals are due by 3 p.m. Alaska Daylight Time on Oct. 20. A timeline for a hiring decision could not immediately be learned.
The $158.5 million pension plan has a target asset allocation ranges of 32% to 48% domestic equity, 21% to 39% fixed income, 12% to 18% real estate, 10% to 16% international equity, and zero to 4% commodities.
The health-care trust has $49.6 million in assets, and there are about $87.7 million total in 401(k) and 457 assets.
A procurement official and human resources official could not immediately be reached for additional information.