Cincinnati Financial Corp., Fairfield, Ohio, removed the PGIM Jennison Mid-Cap Growth Fund from the investment options lineup of its 401(k) plan.
The omission from the lineup was disclosed in the company's 11-K filing with the SEC on Monday, which provided data as of Dec. 31.
The active domestic midcap growth equity fund managed by PGIM Investments and subadvised by Jennison Associates had $17 million in assets in the plan.
The filing did not provide a reason for the removal of the fund; and whether the fund has been replaced since Jan. 1 could not be immediately learned.
As of Dec. 31, the Cincinnati Financial Corp. Tax-Qualified Savings Plan had $746 million in assets, according to the new 11-K filing. As of that same date, the plan had 18 individual investment options, a common stock fund and a target-date fund lineup managed by Fidelity Investments.
Spokeswoman Betsy E. Ertel could not be immediately reached for further information.
