Phillips 66, Houston, added the Goldman Sachs Core-Plus Fixed-Income Collective Trust and the Vanguard Federal Money Market Fund to the lineup of its $3.8 billion 401(k) plan, said the company in an 11-K filed Wednesday.
The Goldman Sachs Asset Management fund replaces the PIMCO Total Return Fund. The Vanguard Group fund replaces the Vanguard Prime Money Market Fund.
Approximately $46 million and $116.8 million were invested in the Pacific Investment Management Co. fund and Vanguard Prime fund, respectively, as of Dec. 31.
A spokesman could not provide additional information, including reasons for the changes, by press time.