Indiana Deferred Compensation Plan, Indianapolis, selected eight managers to provide 10 mutual fund choices for the participant-directed $450 million fund pending contract negotiations, said Doris Anne Sadler, secretary of the deferred compensation committee and secretary of the plan.
The new funds are: Wells Fargo large-cap growth; Alliance large-cap value; Barclays Global Investors S&P 500 index; Vanguard midcap growth; Domini social equity; Brown small-cap growth; Fidelity small-cap domestic value; Fidelity large- and midcap international growth; Fidelity large-cap international value; and PIMCO Total Return for opportunistic fixed income.
The new options would replace eight variable annuity funds offered by Lincoln National Life Insurance and seven by Great West Life Insurance. William M. Mercer assisted.
The pending changes are part of a restructuring; an implementation date hasnt been set.