Investors Real Estate Trust selects 401(k) service provider

Investors Real Estate Trust, Minot, N.D., hired Heartland Financial as service provider and trustee for its 401(k) plan, confirmed Richard White, vice president and director of human resources.

The firm replaces First Western Bank & Trust. Mr. White said IRET was looking for a more “wide-based Midwest company” to provide for its plan.

The IRET Properties 401(k) plan had $6 million in assets as of Dec. 31, according to its most recent 11-K filing.