Safety-Kleen Systems Inc., Plano, Texas, hired Prudential Retirement as bundled provider of its $140 million 401(k) plan, confirmed Toby Todd, Safety-Kleen's vice president of compensation, benefits and HRIS.
Mr. Todd said benefits consultant Stanley, Hunt, Dupree & Rhine Inc. had been the plan's record keeper and administrator and First Trust Corp. was the trustee.
The company's retirement plan adviser, Wall Street Access, assisted.
Mr. Todd also said the company added a matching contribution of 25 cents on the dollar up to 4% of pay. He said the company had stopped matching contributions when it entered bankruptcy in early 2002; Safety-KIeen emerged from bankruptcy about 18 months ago.
