Unit Corp. signs Fidelity as new record keeper for thrift plan

Unit Corp., Tulsa, Okla., hired Fidelity Investments as record keeper of its thrift plan, the energy company disclosed in its recently filed 11-K.

An RFP was issued last year to ensure the company was providing the best solution for its employees, said Michael Earl, vice president of investor relations.

The defined contribution plan had $114.8 million in assets as of Dec. 31, according to its 11-K. Principal Financial Group was the previous record keeper.

Mr. Earl declined to say whether Principal rebid.