Lufthansa German Airlines, New York, hired Merrill Lynch Group Employee Services as bundled service provider for its $70 million 401(k) plan for U.S. employees. Merrill will provide record keeping, administration, participant education and five of the plan's eight investment options. The funds are the Merrill Lynch Retirement Preservation Trust; ML Growth Fund; ML Equity Index Trust; ML Intermediate Corporate Bond Fund; and the ML Capital Fund. Lufthansa also uses the AIM Constellation Fund, MFS Equity Fund and the Templeton Foreign Fund.
Lufthansa German Airlines, New York, hired Merrill Lynch Group...
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