Baldor Electric Co., Fort Smith, Ark., hired INVESCO as bundled provider for its $185 million 401(k) plan, said Donald Osman, benefits manager. INVESCO already was the plans record keeper, he said. Wachovia was replaced as trustee, administrator and investment provider, he said. The plan will have 10 investment options, up from six, he said.
Baldor Electric Co. , Fort Smith, Ark., hired INVESCO as bundled...
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