Dallas-Fort Worth International Airport Board Retirement Trust is searching for an investment consultant for its $715 million defined benefit plan, $96 million 457 plan and $20 million 401(a) plan.
The trust issued an RFP because of the impending expiration of current consultant AndCo Consulting's contract, said Shannon Hamilton, senior contract administrator. The firm is invited to rebid.
As of June 30, the DB plan's actual allocation was 21.7% domestic equities, 17.9% international equities, 15.5% private equity, 13.6% non-core fixed income, 12.9% core fixed income, 9.5% real estate, 8.1% infrastructure and the rest in cash.
The 401(a) plan and 457 plan share a lineup of 15 individual investment options and a target-date lineup of 11 funds.
The RFP is available on the airport's procurement website. Proposals are due at 10 a.m. CST on March 2. A selection is expected on May 7.