Becton, Dickinson and Co., Franklin Lakes, N.J., hired Fidelity Investments as record keeper of its new 401(k) plan, the company said in an 11-K filing with the Securities and Exchange Commission.
The Nov. 23 filing said the change will be effective on Jan. 1. The current record keeper for the Becton, Dickson and Co. Savings Incentive Plan is Aon Hewitt. The filing also noted that the Savings Incentive Plan and the CareFusion Corp. 401(k) Plan will merge on that date.
Becton, Dickinson acquired CareFusion in March 2015. Fidelity is the current record keeper for that plan.
As of June 30, the Becton, Dickson and Co. Savings Incentive Plan had $2.2 billion in assets, according to the 11-K filing.
As of Dec. 31, the CareFusion Corp. 401(k) Plan had $711 million in assets, according to its most recent Form 5500 filing.
Troy Kirkpatrick, company spokesman, did not reply to requests for further information by press time.