AES Corp., Arlington, Va., added three new investment options to its 401(k) plan, according to the company's recent 11-K filing.
In the June 22 filing with the Securities and Exchange Commission, the company said it had added the Columbia Trust Contrarian Core Fund, an active domestic large-cap equity fund managed by Columbia Threadneedle Investments; Rothschild U.S. Small/Mid Cap Core CIT, an active domestic smidcap equity collective investment trust managed by Rothschild Asset Management; and TS&W International Large Cap Equity Trust, an active international large-cap equity fund managed by Thompson, Siegel & Walmsley.
Investment options removed from the plan, and the assets each option held in the plan as of Dec. 31, were:
- BlackRock's Global Allocation Fund, $22 million.
- BlackRock's Basic Value fund, an active domestic large-cap value equity fund, $20 million.
- Columbia Threadneedle Investments' Small Cap Value II fund, $13 million.
- Lazard Asset Management's Emerging Markets Portfolio, an active emerging markets equity fund, $6 million.
- MFS Investment Management's Research International fund, an active international large-cap equity fund, $10 million.
- Vanguard Morgan Growth Admiral Fund, an active domestic large-cap growth equity fund, $20 million.
- Vanguard Small Cap Growth Index fund, a passive domestic small-cap growth equity fund, $9 million.
The changes were effective March 22. The company also closed the AES Common Stock investment option to future contributions on March 20. The 11-K filing did not disclose mapping information.
As of Dec. 31, the AES Corp. Retirement Savings Plan had $402 million in assets.
Spokeswoman Amy Ackerman could not be immediately reached to provide further information.