Citizens Property Insurance Corp., Tallahassee, Fla., hired FiduciaryFirst as investment consultant for its three defined contribution plans, said Mike Peltier, spokesman.
The insurance company issued an invitation to negotiate in February due to the pending expiration of the contract of incumbent consultant 401(k) Advisors. The firm was invited to rebid; Mr. Peltier had no further information on bidders.
The three DC plans are a $31 million 457 plan, a $29 million 401(a) plan and a $1 million 401(k) plan.
