East Bay Municipal Utility District, Oakland, Calif., rehired Fidelity Investments as record keeper for its $315 million 401(k) plan, $108 million 457 plan and $50 million 401(a) plan, said Gregory T. Settle, senior consultant at Hyas Group, the district's investment consultant, in an email.
The district issued an RFP in February because Fidelity's contract was set to expire at the end of 2019; Mr. Settle did not provide the names of any finalists.
All the plans share a lineup of 27 investment options and a target-date fund lineup managed by Vanguard Group.
