Rudolph-Libbe Cos. , Walbridge, Ohio, hired Diversified Investment...

Rudolph-Libbe Cos., Walbridge, Ohio, hired Diversified Investment Advisors as semibundled provider for its newly consolidated $22 million 401(k)/profit-sharing plan and increased investment options to 19 from 12, said Robert Pruger, CFO. The company consolidated three defined contribution plans, which had the same investment options, and replaced Aetna, its provider for 35 years, after issuing an RFP, Mr. Pruger said. Company executives selected Diversified as the best provider to offer an investment mix that included non-proprietary funds, he said.