Sierra Construction Co. Inc., Woodinville, Wash., added the ING Templeton Foreign Equity Portfolio Initial Fund as an investment option in its profit-sharing plan, according to a posting on the company's website.
The company also dropped the Fidelity VIP Equity-Income Portfolio Initial Fund and Templeton Growth Fund as options. The changes are effective at 4 p.m. EST on Jan. 2.
ING U.S. Retirement Services is the plan's provider.
As of Dec. 31, the Sierra Construction Co. Inc. Profit Sharing Retirement Plan had $8.7 million in assets, according to the company's most recent Form 5500 filing.
Nancy Adler, human resources manager, could not be reached by press time.