Nebraska Public Power District, Columbus, Neb., hired Segal Marco Advisors as investment consultant for its $615 million 401(k) plan and $41 million 457 plan, according to a posting on the district's procurement website.
The district issued an RFP for a firm to advise its retirement plans committee, which oversees the money management of the two defined contribution plans. Segal Marco Advisors will also provide services for the district's $587 million Nuclear Decommissioning Trust and $152 million other post-employment benefits trust. Information on an incumbent consultant was not available.
Tami Weber, strategic sourcing specialist, was not available to provide further information.