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Lexington-area airport taps Voya as record keeper for 401(a), 457 plans

Lexington-area airport taps Voya as record keeper for 401(a), 457 plans
Lexington-Fayette Urban County Airport Board, Lexington, Ky., hired
Voya Financial as record keeper for its 401(a) and 457 plans, said Zach J. Karas, principal at Retirement Plan Advisors, the board s investment consultant.
The board issued an RFP in September to consolidate the plans to a single record keeper.
Current record keepers Benefit Administrators and John Hancock Retirement Plan Services did rebid for the services, Mr. Karas said.
The 401(a) plan has $17 million in assets, while the 457 plan has $450,000 in assets.
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John Hancock Retirement announces new head of Mid/Large-Market Distribution Team

John Hancock Retirement announces new head of Mid/Large-Market Distribution Team
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