University of South Florida, Tampa, rehired Fidelity Investments and TIAA-CREF as record keepers of its 403(b) plan.
The university issued an RFP in 2019 to all its incumbent record keepers in order to consolidate the plan to a smaller lineup, according to a posting on the plan's website.
Fidelity and TIAA will be the only two record keepers for the plan beginning in late February, the posting said.
The posting also said new investment options will be offered, but further information was not provided. The asset size of the plan could not be immediately learned.
Sheri Neshiem, director, human resources, could not be immediately reached to provide further information.