Oklahoma County removed seven investment options from the lineups of its 401(a) and 457 plans, both based in Oklahoma City, said a notice to participants on the county's website.
The funds that were removed from both plans were Columbia Acorn Fund, managed by Columbia Threadneedle Investments; Keeley Small Cap Value Fund, managed by Keeley Funds; Morgan Stanley (MS) Institutional Small Company Growth Fund, managed by Morgan Stanley Investment Management; Genesis Fund, managed by Neuberger Berman; Royce Opportunity Fund and Royce Total Return Fund, managed by Royce & Associates; and American Beacon Stephens Small Cap Growth Fund, managed by American Beacon Advisors.
Existing investment options replaced the removed funds, and both plans now consist of five investment options each. The asset sizes of the plans could not be learned.
A human resources official could not immediately be reached for additional information.