North Central Texas Council of Governments, Arlington, rehired AndCo Consulting as investment consultant for its $106 million 401(a) plan and $16 million 457 plan, said Craigan Johnson, senior purchasing manager.
The organization had issued an RFP in February due to the pending expiration of AndCo's contract. Mr. Johnson said there were no finalist presentations.
The 401(a) and 457 plans share a lineup of 12 individual investment options and a target-date fund series managed by Capital Group. MissionSquare Retirement is the record keeper.