Monroe County Deferred Compensation Plan, Rochester, N.Y., rehired ICMA-RC as bundled provider, said Brayton McK. Connard, the county's director of human resources and chairman of the deferred compensation committee, in an email.
The $255 million 457 plan issued an RFP in April because of state regulations that require putting the services up for bid every five years. There were no other finalists.
As of Dec. 31, the 457 plan's asset allocation was 42.5% domestic equities, 26.4% balanced/asset allocation, 23% stable value/cash management, 4.9% international/global equities, 3% fixed income and the rest in specialty assets.
