City of Northglenn (Colo.) added the Dodge & Cox Balanced Fund as an option in its $21 million 401(a)/403(b) General Employee Pension Plan, and the Janus Growth and Income Fund as an option in its $8 million Police Pension Board Money Purchase Plan, said Karen Skidfalides, director-administration and personnel services for the city. The funds were added for diversification, she said.
Charles Schwab is bundled provider for both plans, each of which now offers 12 investment options.