Hilton Head Island, S.C., rehired AndCo Consulting as investment consultant for the town's $37 million 401(k) plan and $9 million 457 plan, according to an award notice posted on its procurement website.
The town issued an RFP in November, and the notice did not disclose whether there were any finalists.
The plans' record keeper is Empower Retirement. The plans share an investment options lineup consisting of 13 core options, a target-date fund series managed by Vanguard Group, and a guaranteed lifetime income option.
