Hanson Industries, Iselin, N.J., will divide its $2.2 billion defined benefit fund and $1 billion 401(k) fund when the company breaks into four separate companies, said Helen Myers, manager-capital accumulation and group insurance plans. Evaluation Associates is assisting Hanson on how to divide the assets.
Ms. Myers declined to give any preliminary details. Hanson has more than 20 managers for its defined benefit plan.
