Clearwater, Fla., rehired OneDigital Investment Advisors as investment consultant for the city's $77 million 457 plan and $8 million 401(a) plan, said Lori Vogel, the city's procurement manager.
The city issued an RFP in March due to the impending expiration of OneDigital's contract on June 30.
There were seven total bidders, and no finalist presentations were conducted, according to the city's procurement website.
MissionSquare Retirement is the record keeper for the plans. The 457 plan and 401(a) plan offer 34 investment options and 32 investment options, respectively, and both provide a lineup of target-date funds managed by Vanguard Group.
