Micron Technology Inc., Boise, Idaho, is adding the RS emerging growth and Westport small-cap funds to its 401(k) plan, which has $378 million in assets, according to Colleen Brenton, benefits analyst. It also will replace the PIMCO Total Return fund with the Vanguard balanced index fund, because the Vanguard fund is more core in nature and because it is passively managed, said a spokeswoman with Watson Wyatt, Microns investment consultant.
The fund now offers 11 investment options. Fidelity is the plans administrator, record keeper and trustee.