Standard Textile, Cincinnati, switched its $36 million 401(k)/profit sharing plan from employer-directed to employee-directed and hired J.P. Morgan/American Century Retirement Plan Services as its bundled provider. Tri-State Plan Administration had been the record keeper; Gradison-McDonald Asset Management had provided all the investment services; and trustee services were provided internally, said Jerry Fick, director of human resources for Standard Textiles. "We felt that in the current environment, it (the switch to employee-directed investments) was a better thing for our associates, Mr. Fick said. The 401(k) plan also has moved to daily valuation and has a new menu of eight core investment options, Mr. Fick said. The new options are American Centurys equity index fund, value fund and Ultra Fund; J.P. Morgans Bond Fund and U.S. Small Companies Fund; Vanguards short-term federal fund and international growth fund; and Fidelity Investments Disciplined Equity Fund. The plan also offers a choice of three pre-selected asset allocation portfolios using the core funds and based on risk tolerance.