Illinois State Treasurer's Office, Springfield, rehired Marquette Associates as investment consultant for the $86 million Illinois Secure Choice Savings Program, said Christopher Flynn, chief procurement officer for the treasurer's office, in an email.
The office had issued an RFP in June due to the impending expiration of Marquette's contract, Mr. Flynn said at the time.
Mr. Flynn said Goelzer Investment Management and Meketa Investment Group also submitted proposals. Marquette was the sole finalist.
Ascensus is the program manager of the Illinois Secure Choice Savings Program, which is an auto-enrollment, payroll-deducted retirement savings account for certain private-sector employees whose employers do not offer retirement plans.
