International Game Technology, Reno, Nev., closed the Baron Asset Fund investment option to participants in its $190 million profit-sharing plan, said Luisa Carmona, senior corporate benefits analyst. Ms. Carmona said the fund had been on watch for performance for several months. Howard Monaghan, spokesman for fund manager Baron Capital, declined to comment.
The plan offers 14 investment options. Fidelity is the bundled provider. ABD Insurance and Financial Services assisted.