Ashtabula Clinic, Ashtabula, Ohio, hired Putnam Investments to provide bundled services for its $6 million retirement plan.
The clinic will combine a profit sharing and a money purchase plan to form the new 401(k) plan; both plans are now invested by the employer in a balanced style with Society National Bank, which also provided quarterly valued record keeping, Seven investment options, managed by Putnam, will be offered by the plan in a daily valued environment.
