Simmons First National picks Transamerica as new record keeper

Simmons First National Corp., Pine Bluff, Ark., hired Transamerica Retirement Solutions as record keeper of its 401(k) plan, the bank disclosed in an 8-K filing with the Securities and Exchange Commission on Monday.

Transamerica will replace Empower Retirement. A blackout period for participants will begin at 4 p.m. CDT on Aug. 1 and end during the week of Aug. 26. A reason for the change was not provided.

As of Dec. 31, 2016, the Simmons First National Corp. 401(k) Plan had $152 million in assets, according to the company's most recent Form 5500 filing.

Caroline P. Makris, company spokeswoman, could not be immediately reached to provide further information.