Nevada Public Employees' Deferred Compensation Program, Carson City, hired Hyas Group as investment consultant, said Stephanie Klapstein, spokeswoman at the director's office of the Nevada Department of Administration.
The $875 million 457 plan issued an RFP in January because the contract of current consultant Segal Marco Advisors expires June 30, said Rob Boehmer, the plan's executive director, at the time.
Segal Marco Advisors was one of five bidders. There were no other finalists.
The plan has 12 investment options, a target-date fund lineup managed by Vanguard Group and a self-directed brokerage option. Voya Financial is the plan's record keeper.
