S&C Electric Co., Chicago, might add five additional lifecycle funds as investment options in its $120 million 401(k) plan, said Mike Moses, financial services director. The plan already offers six Vanguard Target Retirement Funds as options. Company executives wanted to give participants more options, Mr. Moses added. The funds will be discussed at the next plan trustees' meeting Oct. 26. The Vanguard Group is bundled provider. The 401(k) plan offers 111 investment options.
S&C also has roughly $75 million in defined benefit assets.