Executives for Bray Trucking Inc., Alexandria, Ky., selected Putnam Investments to run its $1.5 million 401(k) and profit-sharing plan, said Joan Barbian, office manager.
She said the plan will offer six options under Putnam: two aggressive growth funds, a growth fund, an equity and debt income fund, a growth and income fund, and a money market fund. The assets previously were managed with a local bank. Prudential Securities assisted.
