Standard Motor Products Inc., Long Island City, N.Y., added five investment options to its $120 million 401(k) plan, said Robert H. Martin, treasurer. They are: the Alliance Balanced Shares; Lord Abbett Midcap Value; Davis New York Venture; Janus Advisor Worldwide; and HSBC Stable Value funds. The plan also dropped the T. Rowe Price Balanced, MFS Massachusetts Investors, MFS Emerging Growth and Janus Worldwide funds. It now has nine investment options, up from eight, he said. HSBC is administrator and record keeper; HSBC shares trusteeship with the plan. KPMG advised.