GoodTimes Home Video Corp., New York, hired MassMutual Retirement Services as bundled provider for its $8.5 million 401(k) plan, replacing Preferred Pensions, an actuarial company, and All America index funds.
The plan’s 12 new investment options are: OppenheimerFunds strategic income and global; David L. Babson guaranteed, balanced, core equity and small-cap/midcap growth; MassMutual indexed equity, subadvised by Deutsche Asset; Blue Chip Growth, subadvised by Fidelity Investments; MassMutual MFS growth equity; American Century equity growth; MassMutual Small Cap Growth, subadvised by J.P. Morgan/Waddell & Reed; and MassMutual Mid Cap Growth, subadvised by T. Rowe Price, said Jonathan Boon, CFO for GoodTimes. The company also added a self-directed brokerage option.
