Tidewater Inc., New Orleans, altered the investment options in its $76 million 401(k) plan, said Laurie L. Kirzner, senior benefits specialist. Added were: MFS Total Return, New Discovery and Midcap Value; Lord Abbett Affiliated and Small-Cap Value; Merrill Lynch U.S. Government Mortgage; PIMCO Total Return; American Growth; Alger Midcap Growth; and Fidelity Diversified International. Dropped were: Dreyfus Premier Balanced and Premier Worldwide Growth; Mercury Total Return; Merrill Lynch Fund-Core Bond Portfolio; Fidelity Advisor Growth Opportunities; Pioneer Large Growth; and Oppenheimer Enterprise funds.
The plan now has 13 investment options, up from 10, said Ms. Kirzner. Merrill Lynch is bundled provider; UBS PaineWebber advised.
