Metropolitan Washington Airports Authority, Washington, rehired Lincoln Financial Group as record keeper for its $221 million 457 plan and $21 million 401(a) plan, spokeswoman Christina Saull said in an email.
The authority issued an RFP in March due to the pending expiration of Lincoln Financial's contract. The authority does not disclose the list of firms that bid for the services, Ms. Saull said.
The plans share a lineup of 17 investment options, a self-directed brokerage option and a target-date fund lineup managed by Vanguard Group.