Orange County Water District's retirement committee is recommending rehiring Prudential Financial as record keeper for its $112 million 401(a) plan and $24 million 457 plan, said Eleanor Torres, spokeswoman, in an email.
The Fountain Valley, Calif.-based district issued an RFP in May. Empower Retirement, ICMA-RC and Voya Financial were the other finalists.
The hire will be finalized at the district's board of directors meeting on Nov. 7, Ms. Torres said.
