Deseret Mutual Benefit Administrators, Salt Lake City, hired The...

Deseret Mutual Benefit Administrators, Salt Lake City, hired The 401(k) Co. as record keeper and trustee of its 401(k) and 403(b) plans, which have a combined $1.3 billion in assets, said Mark Siegel, director of financial benefits. The previous record keeper was Howard Johnson, which was acquired by Merrill Lynch in 1998; the two firms' record-keeping systems were consolidated last year. The fund launched a search because "at that point, we thought we should look around to see what was out there," said Mr. Siegel. Wells Fargo was the previous trustee.