Burns & McDonnell Inc., Kansas City, Mo., this fall will review the eight investment options in its $70 million 401(k) plan, said Margie Adrian, benefits administrator. The review is being conducted because UMB Bank, the plan's record keeper and trustee, sold its record-keeping business to Marshall & Ilsley Trust. Plan officials want to see if M&I will offer the same styles of funds, she said. The review will be completed by January.
Kornitzer Capital Management, the plan's investment adviser, will assist.