Sharp Microelectronics Technology Inc., Camas, Wash., hired American Express to provide quasi-bundled services for its $8 million 401(k) plan, said Warren Harrison, senior manager-compensation and benefits.
American Express and its affiliates will manage four of seven investment options; PIMCO, AIM and Templeton will manage the others. American Express will provide daily valued record keeping, trust and administration and employee communications and investment education.
American Express replaces Union Bank of California
