Shearman & Sterling, New York, made several changes to the investment options shared by its 401(k) and profit-sharing plans, said Randi Weingarten, benefits supervisor.
The plans, with a combined $100 million in assets, added four Fidelity Lifecycle Funds, and the American Funds Euro Pacific International, Lord Abbett Midcap and Dodge & Cox Stock funds, Ms. Weingarten said. They dropped the Merrill Lynch High Income Bond, Vanguard Windsor, Mercury HW International and T. Rowe Price International Stock funds, she said.
The plan now has 19 investment options, up from 16, she said. T. Rowe Price is bundled provider; Valuation Associates advised.