Searches and Hires

Ottawa County chooses Plante Moran as first investment consultant for 401(a), 457 plans

Ottawa County, West Olive, Mich., hired Plante Moran as the first investment consultant for its 401(a) and 457 plans, said Amy Bodbyl-Mast, county purchasing manager, in an email.

The county issued an RFP in January for its first consultant to "conduct a comprehensive review and needs assessment of the county's existing 401(a) and 457 retirement plans, providers, investment policies, objectives and portfolio structure," according to the RFP.

A total of seven firms submitted proposals; there were no other finalists.

The 457 plan has more than $53 million in assets; 401(a) plan asset information was not available.