Associated Wholesale Grocers Inc., Kansas City, Kan., hired JPMorgan Retirement Plan Services as bundled provider for its three 401(k) plans and its deferred compensation plan, with combined assets of $100 million, said David Carl, executive director of finance. Fund officials decided to conduct a search when the previous provider, U.S. Bank Institutional Trust & Custody, sold its 401(k) business to Great-West Life & Annuity in December, said U.S. Bank spokeswoman Amy Frantti. Great-West was not invited to bid. The 20 investment options remain unchanged, Mr. Carl said.
Fund officials conducted an invitation-only search in December.
