Cincinnati Bar Association hired Fifth Third Bank to provide bundled...

Cincinnati Bar Association hired Fifth Third Bank to provide bundled services for its 401(k) plan, which was recently converted from a money purchase plan, said Terrie Minniti, director of accounting and business manager for the association. Ms. Minniti declined to discuss the size of the plan, but did say most of the group’s 26 employees are participating. The 401(k) plan retains some features from the money purchase plan, including the board’s determining its matching contribution annually, she said. The average contribution has been more than 5%, she added. The 401(k) plan has six Fifth Third investment options. The funds include international equity, balanced, quality bond, equity income, Pinnacle and U.S. Treasury obligation funds.