Premix Inc., North Kingsville, Ohio, hired Fidelity as bundled provider of its $9 million 401(k)/profit-sharing plan, said Tom Meola, CFO and treasurer. Plan officials conducted a shortlist search because previous bundled provider KeyBank exited the defined contribution business, Mr. Meola said.
The plan also added three Fidelity lifestyle funds and now offers a total of 12 investment options, up from 15, Mr. Meola said. No consultant was used for the search.
