Royal Ten Cate, Duluth, Ga., hired Strong Retirement Plan Services as semi-bundled provider for its $17 million 401(k) plan, said John Cahill, vice president of human resources. Previous semi-bundled provider ING Aetna was replaced due to a lack of problem-solving ability and "incredibly poor service” overall, Mr. Cahill said. ING Aetna officials did not return calls seeking comment by press time.
The plan will add four domestic value options, bringing total options to 12, he said. It is self-trusteed.