Kohler 401(k) plan adds 5 fund options, drops 4 others
By Rob Kozlowski | December 19, 2012 1:29 pm
Kohler Co. 401(k) Savings Plan, Kohler, Wis., replaced four investment options and added a new index fund to its 401(k) plan, according to employee materials posted on the website of ING U.S. Retirement Services, the plan’s provider.
The plan added the Yacktman Fund, ING MidCap Opportunities fund, Vanguard Small-Cap Value Index fund and Oppenheimer Developing Markets fund.
The four funds replace the Hartford Capital Appreciation, Columbia Acorn Select, Royce Opportunity and DFA Emerging Markets Value funds.
The plan also added the Vanguard Total Stock Market Index fund.
As of Dec. 31, the 401(k) plan had $173 million in assets, according to its most recent Form 5500 filing.
The plan now has 15 investment options — nine domestic stock funds, three global/foreign stock funds, a balanced fund, a stable value fund and a bond fund.
A phone call to Dan Velicer, Kohler director-global benefits, was not returned by press time. Kohler spokeswoman Mirjam Lippuner Konsek declined comment.