Fluor Fernald Inc., Cincinnati, added the PIMCO Total Return Fund as an option in its $73 million 401(k) plan, said Judy Donaldson, human resources specialist. The plan also put one option, the INVESCO Total Return Fund, on watch for performance, she said. Plan officials will decide whether to phase out the fund after a six-month probation period, she said. Shana Gorsky, media relations supervisor for INVESCO, did not return calls seeking comment by press time.
The plan now has nine investment options, up from eight. INVESCO is bundled provider.