Arch Coal Inc., St. Louis, wants to add a small-cap or midcap value fund and a balanced value fund as options for its $208 million 401(k) plan, said Mark A. Luzecky, director of pension and thrift plan. The plan currently offers 15 investment options and a self-directed brokerage account, he said. A decision should be reached by September, he said.
Putnam is bundled provider. First Union Securities is advising.