Ideal Industries Inc., Sycamore, Ill., is considering an asset allocation study for its $40 million defined benefit plan, said Wendy Jablow, vice president of human resources. The current mix was not available. According to the 1999 Nelson’s Directory of Plan Sponsors the mix is 56% domestic equities, 39% domestic bonds and 5% cash.
A decision is expected by October.
Separately, Ennis, Knupp was hired to replace Rothschild Consulting Services as the fund’s consultant.
