Shook, Hardy & Bacon LLP, Kansas City, Mo., hired J.P. Morgan Retirement Plan Services as bundled provider of its $120 million 401(k) plan, according to Dale Chaffin, COO. J.P. Morgan replaced Principal, Mr. Chaffin said. "J.P. Morgan has a sizable operation in Kansas City, so we thought we could get more personal service," he said. Plan officials had issued an RFP to see what was available, and "J.P. Morgan came out on top of all the firms we heard from," said Mr. Chaffin. The plan now offers 14 investment options, up from 12. "We had a broader base of funds to choose from with J.P. Morgan" than with Principal, Mr. Chaffin added.
Shook, Hardy & Bacon LLP, Kansas City, Mo., hired J.P. Morgan...
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