Searches and Hires

Florida State Board keeps Alight as 401(a) plan record keeper

Florida State Board of Administration, Tallahassee, rehired Alight Solutions as record keeper for the $11.1 billion Florida Retirement System Investment Plan, spokesman John Kuczwanski said in an email.

The board, which oversees the 401(a) plan, issued an invitation to negotiate in January because Alight Solutions' contract was set to expire on June 30, 2020. The other finalist was Conduent.

The plan has 22 investment options and a customized target-date fund lineup.