Twin Disc Inc., Racine, Wis., hired T. Rowe Price as bundled provider of its $40 million 401(k) plan, replacing Strong Retirement Plan Services, said Chris Eperjesy, CFO. Trustees wanted to be "proactive" following market-timing allegations against Strong's parent, Strong Financial Corp., Mr. Eperjesy said. Marquette Associates assisted. Drew Wineland, spokesman for Strong, declined to comment.
The plan offers 12 investment options.