Hispanic Broadcasting Co., Dallas, selected Diversified Investment Advisors as bundled provider for its $10 million 401(k) plan, replacing KeyCorp. It made the change for diversification and because of Diversified’s marketing to Spanish-language participants, said Ellen Fox, director of human resources.
The plan’s options, all Diversified Investment funds, are: stable pooled; high-quality bond; intermediate government bond; core bond; high-yield bond; balanced; equity income; growth and income; stock index; equity growth; special equity; aggressive equity; international equity; short horizon; short/intermediate horizon; intermediate horizon; intermediate/long horizon; and long horizon.
Buck Consultants assisted.
