Municipality of Anchorage (Alaska) Deferred Compensation Program made several changes to the investment options in its $135 million 457 plan, said Daniel Moore, municipal treasurer. It added: the Dodge & Cox Stock and Balanced; Barclays Equity Index; Turner Small-Cap Value; Brown Capital Small Company Institutional; and Federated Capital Appreciation funds, he said. The plan eliminated the Maxim J.P. Morgan Growth and Income, Maxim Stock Index and Fidelity Advisor Growth Opportunities funds, he said.
The plan now has 14 investment options, up from 11, he said. Great West Life is bundled provider.
Callan Associates advised.