Taco Inc., Cranston, R.I., hired Scudder, Stevens & Clark as its first bundled provider for both its 401(k) and profit-sharing plans. The firm will provide administration and investment services to the plans, which have $6.5 million in assets, said Kyle Adamonis, director of human resources. The plans will have seven options ranging from conservative to aggressive, an increase from three previously. Ms. Adamonis declined to provide more information.
The search was conducted in-house.