Midwest Capital Advisors (MCA) of Grand Rapids, Michigan, has been selected as the provider of 403(b) and 457 retirement plan investments by the Michigan Retirement Investment Consortium (MRIC).
Alabama Attorney General Troy King has taken over a probe into at least $10 million in fees paid by to the Alabama State Employees Association from the 457 plan accounts of current and retired state workers.
CAPTRUST said Mike Curran will lead the firm’s efforts to broaden nonqualified deferred compensation services.
TIAA-CREF was selected, along with four other providers, for the Iowa Department of Administrative Services Statewide 457(b) and 401(a) Plans.
Security Benefit has won a contract with the Retirement Investors' Club (RIC) of Iowa to be a provider for the 457 plans and 401(a) plans offered by state employers.