Dyno Nobel Inc., Salt Lake City, changed eight of the 11 investment options offered by its $66 million 401(k) plan, said DeeAnn Colbree, benefits administrator. The new options are: Merrill Lynch Institutional, Government Mortgage and S&P 500 funds; Van Kampen Growth & Income Fund; MFS Capital Opportunities Fund; and three Merrill Lynch Goal Manager Models — in which Merrill Lynch reallocates, every quarter, the assets participants have invested in the other eight funds to maintain the employees’ desired levels of risk. The plan wanted to select the best-producing, lowest-risk options at maximum cost efficiency, she said.
Merrill Lynch is bundled provider for the plan.
