PESystems Inc., Fairfax, Va., hired Diversified Investment Advisors as administrator of its $14 million 401(k) plan, said Joseph C. Amador, PESystems spokesman.
T. Rowe Price Retirement Plan Services was the previous administrator, Mr. Amador said. He declined to say why the company changed administrators.
The plan has 17 investment options, and Diversified also will provide record keeping, Mr. Amador said.