Kohler Co., Kohler, Wis., is adding the Fidelity Small Cap Discovery Fund and the Oakmark International Collective Fund as investment options in its 401(k) plan, according to employee materials posted on the website of ING U.S. Retirement Services, the plan's provider.
The Fidelity fund replaces the Royce Low Priced Stock Fund, and the Oakmark fund replaces the Thornburg International Value fund.
Participants from the removed funds will be mapped automatically to the new funds as of 4 p.m. EST on Dec. 4. The reason for the change could not be learned by press time.
The Kohler Co. 401(k) Savings Plan has 15 investment options.
The plan had $192 million in assets as of Dec. 31, according to the company's most recent Form 5500 filing.
Phone calls to Dan Velicer, director-global benefits, and spokeswoman Mirjam Lippuner Konsek were not returned by press time.