The $18 million defined contribution plan for Sola Optical USA, Petaluma, Calif., selected Twentieth Century Services to provide bundled services, said Arlene Heinzmann, qualified plan administrator.
The company decided to switch to Twentieth Century because it wanted daily valuation and telephone support. In addition to two Twentieth Century funds, the investors can also select Benham Income and Growth, First Stable Value and BZW Barclays Global Investors funds.
Record keeping and communication was performed by Watson Wyatt Worldwide. Participants had mutual fund choices in balanced, growth and growth and income funds, said Ms. Heinzmann.