Brunos Inc., Birmingham, Ala., hired MFS as bundled provider for its $45 million 401(k) plan. MFS will offer nine investment options. It replaces bundled provider Prudential Retirement Services, which offered 11 investment options, said Jim Harpool, director-compensation & benefits. Prudential was terminated due to performance and service issues, said Mr. Harpool.
David Oberman, spokesman for Prudential did not return phone calls by press time.