Multnomah County, Portland, Ore., rehired Voya Financial as record keeper of its $597 million 457 plan.
The county's hiring of Voya is pending final agreement, said Valerie Haley, plan analyst at Northwest Capital Management, which is the plan's investment consultant and assisted with the search.
The county issued an RFP for the services in July.
Ms. Haley would not provide further information on finalists.
The county's 457 plan has 24 individual investment options and a target-date fund lineup of six index funds managed by Nuveen.