Searched and Hires

Torchmark taps Empower Retirement as record keeper for 401(k) plan

Torchmark Corp., McKinney, Texas, hired Empower Retirement as record keeper of its 401(k) plan, the company announced in an 8-K filing with the Securities and Exchange Commission on Oct. 6.

Empower will replace Voya Retirement Services effective Nov. 1. A blackout period for participants will begin at 3 p.m. CDT on Oct. 24 and will end during the week of Nov. 12.

A reason for the change was not given.

As of Dec. 31, the Torchmark Corp. Savings and Investment Plan had $176 million in assets, according to the company's most recent 11-K filing.

Michael C. Majors, vice president, investor relations, could not be immediately reached to provide further information.