Kightlinger & Gray , Indianapolis, hired Diversified Investment...

Kightlinger & Gray, Indianapolis, hired Diversified Investment Advisors as semibundled provider for its $10 million 401(k) plan, said Gayle Rader, assistant administrator. Diversified will provide 18 investment options. Merrill Lynch was semibundled provider, offering 18 options. The change was made after a routine search, in which Merrill did rebid, she said.