Unit Corp., Tulsa, Okla., hired Fidelity Investments as record keeper of its thrift plan, the energy company disclosed in its recently filed 11-K.
An RFP was issued last year to ensure the company was providing the best solution for its employees, said Michael Earl, vice president of investor relations.
The defined contribution plan had $114.8 million in assets as of Dec. 31, according to its 11-K. Principal Financial Group was the previous record keeper.
Mr. Earl declined to say whether Principal rebid.