Fauquier County Government and Public Schools, Warrenton, Va., hired Voya Financial as record keeper for its $28 million 403(b) plan and $16 million 457 plan, said Susan Monaco, county procurement manager, in an email.
The county issued an RFP in July due to the impending expiration of current provider VALIC's contract; the firm rebid and was a finalist along with Lincoln Financial Group and Prudential Financial.
Investment consultant CAPTRUST Financial Advisors assisted.