Manitowoc Co. Inc., Manitowoc, Wis., hired M&I as record keeper and trustee of its $282 million 401(k)/profit-sharing plan, said Deb Casper, payroll and pension manager. M&I replaced Associated Bank, which was allowed to rebid. Plan officials wanted a larger firm to serve its employees across the country, Ms. Casper said.
The plan offers 14 investment options. Alpha Investment Consulting assisted.