Baptist Medical System, Little Rock, Ark., hired First Commercial Trust as master trustee for its $40 million defined benefit plan.
First Commercial replaces NationsBank, which left the trust business. The search was conducted in-house.
Barber Dairies Inc., Birmingham, Ala., hired Merrill Lynch as a semi-bundled provider for its $9 million defined contribution plan.
Merrill Lynch replaces AmSouth Bancorp following a search that plan officials initiated to see if reporting, timeliness of service and responses to participants could be improved, said Phillip Mishalanie, controller. The fund options have yet to be finalized, but are likely to increase from the four funds offered now, he added. The search was done in-house.