Parsons Corp., Pasadena, Calif., is adding the Dodge & Cox Income Fund to the investment lineup of its 401(k) plan, spokeswoman Erin Kuhlman said in an e-mail.
The 401(k) plan had about $835 million in total assets as of Dec. 31, according to its most recent Form 5500 filing.
The plan will replace Pacific Investment Management Co.’s Total Return Fund, effective Dec. 3, according to a transition guide distributed to plan participants. The fund had about $52 million in participant assets as of Dec. 31, 2013, according to the Form 5500 filing. The reason for the change could not be learned by press time.
Ms. Kuhlman declined to provide additional information.
The plan offers 20 individual fund options in addition to a series of Wells Fargo target-date funds.