Parmalat USA Corp., Teaneck, N.J., hired Prudential Retirement...

Parmalat USA Corp., Teaneck, N.J., hired Prudential Retirement Services as the bundled provider for its $24 million 401(k) plan. Parmalat has acquired four dairies in the past two years and has merged the five 401(k) plans into one. Parmalat is also expanding the number of investment options offered by Prudential or through its alliances to 12 from four. The options are: AIM Balanced; the Alliance Growth Investor; Franklin Small-Cap Growth; MFS Massachusetts Investors Trust; New Perspective; Oppenheimer Limited Term Government Bond; Prudential Diversified Bond; Prudential Equity Income; Prudential Jennison Growth; Prudential Stock Index; Stable Value; and Washington Mutual Investors.