Ascena Retail Group Inc., Mahwah, N.J., hired MassMutual Financial Group as record keeper of its 401(k) plan, said an 8-K filing with the SEC on Thursday.
The current record keeper is ING U.S. Retirement Solutions; a reason for the change could not be learned by press time.
A blackout period for participants will begin at 4 p.m. EDT on July 28 and end during the week of Aug. 10.
The Ascena Retail Group Inc. 401(k) Savings Plan had $165 million in assets as of July 31, 2013, according to the company's most recent 11-K filing.
Phone calls to Isabella Spiegel, vice president, corporate benefits, and James Palczynski, spokesman, were not returned by press time.