The combined 401(k) plans of Masco Corp./Mascotech Inc. and Trimas Corp., Taylor, Mich., totaling $300 million, added nine investment choices, said benefits administrator James Yoder.
The new funds are Fidelity's Equity Index, Low Priced and Equity Income Fund II; Founders Growth; Warburg-Pincus Emerging Growth and International Equity; INVESCO Dynamics and Select Income; and Templeton Developing Markets fund.
Mr. Yoder said the additional investment choices were added with assistance from PaineWebber. He said the funds were added to diversify the investment approach of the funds and to offer participants a full range of investment choices. The new funds are offered through Fidelity, Masco's bundled service provider. The 401(k) plans now offer 15 investment options.
