Waterford Wedgwood USA Inc., Wall, N.J., hired MassMutual Retirement Services as bundled provider for its $30 million 401(k) plan, according to Don Hendrickson, vice president of administration.
Waterford Wedgwoods plan now has 14 investment options. Mr. Hendrickson declined to name the previous provider or the number of investment options. The new options are MassMutuals core bond and DLB Small Company Opportunities, subadvised by David L. Babson; Capital Appreciation and Global, subadvised by OppenheimerFunds; JCC Balanced, Indexed Equity and Aggressive Growth, subadvised by Janus; MM Fundamental Value, subadvised by Wellington; MM Large Cap Value, subadvised by Davis; MM Focused Value, subadvised by Harris Associates; MM Small Company Growth, subadvised by Mazama/Allied; MM Mid-Cap Growth II, T. Rowe Price; MM Overseas, American Century/Harris Associates; and a guaranteed account. Oppenheimer and Babson are MassMutual affiliates.