Menasha Corp., Neenah, Wis., hired CIGNA Retirement & Investment Services to run its $125 million defined benefit plan and as bundled provider of its $125 million defined benefit and $155 million defined contribution plan, said Deanna Johnson, director of benefit strategy. Menasha executives decided to put both plans with CIGNA so they could have "everything under one roof,” she said.
The 401(k) plan now offers 17 investment options, up from 11; ING U.S. Financial Services was the bundled provider, Ms. Johnson said.
