Philadelphia Board of Pensions and Retirement rehired Nationwide Financial as third-party administrator for the city's $1.7 billion 401(a) plan and $1.6 billion 457 plan, said Christopher DiFusco, chief investment officer, in an email.
The board issued an RFP in October due to the pending expiration of Nationwide's contract.
Empower Retirement was the other respondent, Mr. DiFusco said.
