MSC Software Corp., Santa Ana, Calif., is conducting a shortlist search for a bundled provider for its $85 million 401(k) plan, said Dan Orozco, vice president of corporate administration and chairman of the retirement committee. Incumbent Union Bank of California was last reviewed three years ago, and committee members wanted to compare the firm's services with those of other providers, Mr. Orozco said. The provider will be selected by early July. Willis Benefits is assisting.
The plan offers 10 investment options.