North Jersey Media Group Inc., Hackensack, N.J., hired Fidelity as bundled provider of its $75 million 401(k) plan, said Charles W. Gibney, executive vice president and CFO. The plan replaced SEI as bundled provider to provide employees with better customer service, communication and investment performance, he said. It will offer 12 new funds, up from eight options, he said.
Scott Sunshine, spokesman for SEI, did not return calls seeking comment by press time.