Colorado Public Employees’ Retirement Association, Denver, is searching for an investment consultant for its three defined contribution plans.
COPERA has issued a request for information due to the upcoming expiration of the contract of current consultant Callan, said a spokesman. The firm is expected to rebid for the services, he said.
The three DC plans — the PERAPlus 401(k) Plan, Defined Contribution Retirement Plan (401(a) plan) and PERAPlus 457 Plan — have a combined $5.9 billion in assets.
The RFI is available on COPERA’s website. Responses are due by noon PDT on Sept. 20. Finalist presentations, if necessary, are tentatively scheduled for the week of Dec. 5, with a decision by the board shortly afterwards.
