Fastenal Co., Winona, Minn., added the Carillon Eagle Mid Cap Growth Fund to its 401(k) plan lineup in 2018, according to the company's 11-K filing with the SEC on Thursday.
The active domestic midcap growth equity fund managed by Carillon Tower Advisers and subadvised by Eagle Asset Management had $6 million in assets in the plan as of Dec. 31, according to the filing.
Also during 2018, the company removed the Victory Munder Mid-Cap Core Growth fund from the 401(k) plan lineup. As of Dec. 31, 2017, the active domestic midcap growth equity fund managed by Victory Capital Management had $7 million in assets.
The reasons for the changes were not provided. Whether participants in the Victory Munder fund were automatically mapped to the Carillon Eagle fund could not be immediately learned.
As of Dec. 31, the Fastenal Co. & Subsidiaries 401(k) and Employee Stock Ownership Plan had $390 million in assets. The plan had 14 investment options, a common stock fund and a target-date fund lineup managed by Vanguard Group.
Ellen Stolts, financial reporting and regulatory compliance manager, could not be immediately reached to provide further information.