Winnebago Industries Inc., Forest City, Iowa, added the Fidelity Diversified International fund and dropped the American Century International Growth fund as investment options in its $177 million profit-sharing/401(k) plan, said Marcia Gerdes, personnel benefits administrator. Profit-sharing committee members were concerned about the performance of the American Century fund, which had been on watch for several quarters, Ms. Gerdes said. Defined Contribution Advisors assisted. The American Century fund is a large-cap growth portfolio, while the international market has recently favored small-cap and value styles, said Beth Taylor, American Century spokeswoman.
J.P. Morgan Retirement Plan Services is the bundled provider. The plan offers 13 investment options.